Kedco plans acquisition of renewable energy firm

Kedco, a renewable energy group focusing on the production of clean energy in the UK and Ireland, has signed a heads of agreement to acquire Reforce Energy, a renewable energy development company, ahead of signing final legal contracts and the completion of all pre-conditions relating to the acquisition.

Kedco, a renewable energy group focusing on the production of clean energy in the UK and Ireland, has signed a heads of agreement to acquire Reforce Energy, a renewable energy development company, ahead of signing final legal contracts and the completion of all pre-conditions relating to the acquisition.

The acquisition, in completed, will be satisfied by the issue of new Kedco ordinary shares and would not involve cash consideration.

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