Kedco plc, an Irish-based energy group focusing on environmentally friendly energy production in the UK and Ireland, this week announced they had been admitted to trading on the AIM market of the London Stock Exchange.
Kedco specialises in the generation of electricity from sustainable and renewable fuel sources. The Group sources technologies (including anaerobic digestion and gasification power plants) for sale to a wide customer base including medium sized waste operators, local municipal authorities, food companies and agricultural operators.
Kedco say it has identified over 25 specific opportunities across UK and Ireland to establish partnerships with these customers to own and operate electrical generation plants which convert waste into energy.
Kedco’s customer base faces increasing legislative and regulatory cost pressures driven by environmental considerations. The Directors of Kedco believe that their proposition offers these customers the opportunity to create a revenue-generating opportunity from waste materials that would otherwise incur significant disposal costs.
Commenting on the Group’s Admission earlier in the week to AIM Donal Buckley, Chief Executive of Kedco plc, commented:“We are delighted and proud to be joining AIM today. We believe that our presence on AIM will raise our profile among new and existing customers, enhancing their understanding of our proposition and its revenue generating opportunities. Our AIM listing will also give us access to international capital markets which will provide additional support as we look to build and expand our business.”