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IPSA 1.61 -0.09 (-5.23%)
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IPSA Group Reshuffles Board After Holding Talks With Rurelec
LONDON (Alliance News) - IPSA Group PLC Thursday said Rurelec PLC is now able to pay the long-overdue funds needed to move forward, leading to IPSA reshuffling its board.
IPSA Group the top riser after Malaysian court turfs out Iris's appeal
Shares in IPSA Group (LON:IPSA) were the best performers early doors after a favourable results in a Malaysian court for the power generation firm.
IPSA Group In Talks With Rurelec Over Outstanding Payment
Rurelec has made an interim payment to IPSA's main creditor, Ethos Energy, but GBP2.91 million is still outstanding from IPSA's sale of its Westinghouse Siemens gas turbines to Rurelec. IPSA notes that there is "no clarity yet" on the timing of this ...
IPSA Group hires Phil Metcalf as a new director
The newly appointed director is an experienced chartered engineer and he is also a director of Independent Power Corp - an associated firm that is run by IPSA chairman Peter Earl. Metcalf has with more than 30 years experience, he has been involved in ...
IPSA Group Says Chief Executive Phil Metcalf Died Tuesday
LONDON (Alliance News) - IPSA Group PLC on Thursday said Chief Executive Phil Metcalf died suddenly on Tuesday. Peter Earl, a non-executive director, has taken up the role of acting chief executive in the interim.
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IPSA looks at southern Africa as new era dawns
It promises to be third time lucky for South African power firm IPSA Group (LON:IPSA) after it agreed a deal to sell two turbines to stablemate and fellow AIM power generator Rurelec (LON:RUR).
IPSA Swings To Pretax Loss As It Awaits Proceeds From Asset Sales
LONDON (Alliance News) - Independent power plant developer IPSA Group PLC Tuesday said it swung to a pretax loss in the first half of the year as it waits to receive the outstanding balance from the sale of assets in 2013, alongside revenue being hurt ...
8 : 20 am IPSA strikes agreement with Rurelec over turbines sale
IPSA chairman Richard Linnell said: "Reaching an agreement to sell the Turbines allows IPSA to progress its business in southern Africa once released from its significant burden of debt.
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Tories call for rethink on MPs' pay rise
Since then, however, the prime minister has come under pressure to intervene - or to forgo the pay rise himself - to send out a strong signal to Ipsa. Nicky Morgan, education secretary, and Eric Pickles, former communities secretary, have both ...
Burnham turns down 10% pay rise  Romsey Advertiser
10% pay rise — and they keep gold-plated pensions
HUNDREDS of MPs will be entitled to keep their gold-plated, final salary pensions under a scheme that was supposed to be scrapped in return for a �7,000-a-year pay rise.