21-May-2015 08:22 AM
Alkane Energy has noted it is one of five companies under investigation by Ofgem over compliance with capacity market rules.
Ofgen is investigating whether the companies gave false or misleading information to National Grid about planning consents for s
01-May-2015 07:17 AM
Alkane Energy (AIM: ALK), the independent gas to power producer, has announced the appointment of Carl Kameen as finance director.
He takes over from Steve Goalby who was appointed finance director and will remain on the Board.
Mr Kameen has been with A
11-Mar-2015 07:48 AM
Independent gas to power producer Alkane Energy posts pre-tax profits of £3.2m for the year to the end of December - up from £2.65m last time.
Revenue fell 22% to £16.0m (2013: £20.6) due to lower design build and operate business as anticipated but
21-Jan-2015 08:47 AM
Alkane Energy saw good solid progress in 2014 and reports a strong start to the new financial year with record production.
The group expects power sales to have reached close to 200GWh in the year ended 31 December (2013: 192GWh) with an expected ave
05-Jan-2015 07:46 AM
Alkane Energy's provisional award of 101MW of capacity mechanism agreements provisionally styarting from October 2018 announced on 19 December has been confirmed by the Secretary for Energy and Climate Change.
Alkane will earn a combined additional
19-Dec-2014 08:03 AM
Alkane Energy has provisionally been awarded 101MW of capacity mechanism agreements starting from October 2018.
Alkane will receive £19,400/MW per annum for making capacity available to support the Department of Energy and Climate Change capacity prog
24-Sep-2014 07:28 AM
Alkane Energy (ALK) has been successful in winning some of the first demand side balancing contracts from the National Grid for the 2014/15 winter season.
These contracts are part of a programme which is designed to provide additional balancing service
10-Sep-2014 08:30 AM
Alkane Energy's revenues and adjusted pre-tax profits fell in the six months to the end of June but the independent gas to power producer says it is on track to meet full year expectations.
Alkane said the first half had been a transformational pe
21-Jul-2014 08:18 AM
Alkane Energy has completed the acquisition of three power response companies, Darent Power, Leven Power and Rhymney Power, following the admission of 22,222,222 placing shares today.
The total consideration for the acquisition of the power response site
17-Jul-2014 08:05 AM
Alkane Energy, the independent gas to power company, has agreed to acquire three power response companies - Darent Power, Leven Power and Rhymney Power - from Carron Energy and Dragon Generation. The total consideration for the acquisition is £11.75
07-Jul-2014 07:48 AM
Independent gas to power producer Alkane Energy is looking forward to a strong second half of the year.
Chief executive Neil O'Brien, said: "We note Ofgem's capacity appraisal for the UK electricity market and we believe that our growing
13-May-2014 09:28 AM
Alkane Energy has agreed to transfer its onshore shale gas business and assets to Egdon Resources for 40 million ordinary shares - this would give Alkane an 18% stake in Egdon.
Alkane has more than 800sq km of acreage under various onshore Petroleum Expl
13-May-2014 08:58 AM
Egdon Resources is seeking shareholder approval to raise up to £7m, gross, and acquire Alkane Energy's onshore shale gas business.
Egdon is aiming to raise £6.4m, gross, through a placing of 32,000,000 ordinary shares at 20p apiece and up to a f
12-May-2014 10:40 AM
Egdon Resources (AIM:EDR) has confirmed it is in advanced discussions with Alkane Energy on a potential transaction involving an acquisition of Alkane's onshore shale assets for 40m ordinary shares in Egdon with an accompanying fundraising of £7m at
01-May-2014 12:38 PM
Alkane Energy (LON:ALK) announces that the Company's Annual General Meeting held earlier today, all resolutions were passed.
At 12:38pm: (LON:ALK) Alkane Energy PLC share price was +0.5p at 40.5p
Story provided by StockMarketWire.com...
01-May-2014 08:07 AM
Alkane Energy's output totalled 48GWh the first three months of the year compared with 51GWh a year ago, shareholders at the annual general meeting later today will be told.
Alkane says its portfolio of base load coal mine methane sites is producin
12-Mar-2014 07:37 AM
Independent gas to power producer Alkane Energy's revenue increased by 40% to £20.6m in the year to the end of December.
Adjusted profit before tax rose by 17% to £3.4m and adjusted earnigns before interest, tax, depreciation and amortisation inc
05-Feb-2014 02:38 PM
Alkane Energy has acquired the Wheldale, West Yorkshire, power response facilities from SSE, for a total consideration of £1.5m.
The initial consideration for the acquisition is £1.1m payable in cash, with a £0.4m deferred cash payment to be paid on
20-Jan-2014 07:34 AM
Independent gas to power producer Alkane Energy said today that trading for the year to end-December 2013 has remained strong with output increasing 15% year on year, in line with market expectations.
For the period, the Group expects to deliver electri
11-Sep-2013 09:39 AM
Alkane Energy, the independent gas to power producer, has announced that for the six months ended 30 June 2013 there was a 109% increase in revenue and a 54% increase in EBITDA.
A 44% increase in output produced revenues of £11.1m (H1 2012: £5.3m).
05-Aug-2013 12:28 PM
Alkane Energy (AIM: ALK), the independent gas to power producer, has announced the completion of the acquisition from GP Energy of a part licence interest in UK Onshore Licence AL010 for coal mine methane exploitation.
The proposal was announced last mo
09-Jul-2013 08:30 AM
Alkane Energy says trading for the six months to the end of June has been encouraging, with output increasing 44% year-on-year.
The group expects to deliver half yearly electricity output of around 94GWh (H1 2012: 65GWh).
Alkane says this increase re
01-May-2013 08:04 AM
Alkane Energy's output rose to 51GWh in the first three months of this year - a 70% increase on the corresponding period in 2012.
This year's figure includes the full impact of the acquisition of Greenpark Energy which completed in April 2012
13-Mar-2013 07:37 AM
Independent gas to power producer Alkane Energy's revenues rose by 54% to £14.7m in the year to the end of December anmd a maiden dividend of 0.1p per share is proposed.
Group profits before tax and pre-exceptional items increased 44% to £2.9m (2
18-Jan-2013 07:29 AM
Alkane Energy says trading for the year to the end of December was very encouraging, with output increasing 19% year-on-year.
For the period, the group expects to deliver full year electricity output of circa 167GWh (2011: 140GWh).
Group output in