Kentz scores contract in South Africa

Kentz, the FTSE 250 engineering and construction group, has been awarded an Engineering, Procurement and Construction (EPC) contract for the 75MWp Kalkbult Solar Photovoltaic project in the Northern Cape area of South Africa.

The project is scheduled for completion in January 2014, a forms a key part of the first phase of the South African Department of Energy's 3,725MW Renewable Energy IPP Procurement Programme.

Article continues below

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Christian Brown, Chief Executive of Kentz Group, said: "We continue to develop our EPC capabilities in the African region and this prestigious project for Scatec Solar demonstrates our ability to secure a wide range of EPC contracts.

"Additionally, the award of such a key project for South African renewable energy will position us to contribute to the development of further renewable energy projects across the continent and beyond."

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.