ContourGlobal: Difference between revisions
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{{FTSE 250 Index constituents}} |
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[[Category:Companies established in 2005]] |
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[[Category:Companies listed on the London Stock Exchange]] |
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Revision as of 18:49, 17 January 2020
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| Company type | Public limited company |
|---|---|
| LSE: CGO | |
| Industry | Power Generation |
| Founded | 2005 |
| Headquarters | London, England |
Key people | Joseph Brandt, President and CEO |
| Revenue | $1,253.0 million (2018)[1] |
| $261.9 million (2018)[1] | |
| $10.4 million (2018)[1] | |
| Website | www.contourglobal.com/ |
ContourGlobal plc is a power generation business. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
The company was established by Joseph Brandt with financial support from Reservoir Capital Group in 2005.[2] In June 2015 it purchased the Vorotan Cascade in Armenia for US$180 million.[3] ContourGlobal was the subject of an initial public offering which raised net proceeds of £281 million in November 2017.[4] It then agreed to acquire Acciona's solar power plants for US$1.19 billion in February 2018.[5]
Operations
The company generates circa 59% of its power from traditional sources of fuel such as natural gas and coal and circa 41% from renewable sources such as wind, solar and water.[4] It owns and operates 69 power generation plants across 19 countries.[4]
References
- ^ a b c "Preliminary Results 2018". ContourGlobal. Retrieved 5 April 2019.
- ^ "ContourGlobal Plans $1 Billion Power IPO in London". Bloomberg. 29 August 2017. Retrieved 3 March 2018.
- ^ "Deal on Vorotan Cascade Was Signed". Lragir. 8 June 2015. Retrieved 3 March 2018.
- ^ a b c "ContourGlobal IPO offers income potential". Investors Chronicle. 13 November 2017. Retrieved 3 March 2018.
- ^ "ContourGlobal buys Acciona's solar power assets in $1.19 billion deal". Reuters. 27 February 2018. Retrieved 3 March 2018.