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15 March 2023
Cindrigo Holdings Limited
('Cindrigo' or the 'Company')
Notice of AGM
Cindrigo (LSE:CINH) is pleased to announce that its 2022 Annual General Meeting ("AGM") will be held at the Sloane Club, 52 Lower Sloane Street, London SW1W 8BS at 3.00pm on Tuesday 28th March 2023.
The notice convening the AGM and Form of Proxy have been sent to shareholders and are available on the Company's website (www.cindrigo.com), as are the accounts for the Company for the year ended 31st December 2021 which will be presented to the meeting.
**ENDS**
For more information please contact:
Cindrigo Holdings Limited Lars Guldstrand CEO
| +44 (0) 7408 861 667 |
St Brides Partners Ltd (PR) Catherine Leftley, Paul Dulieu | +44 (0) 20 7236 1177 |
Notes
Cindrigo Group is an active clean baseload power developer engaged in the renewable energy sector with geothermal projects. Cindrigo is the largest shareholder in GEG ehf . GEG technical core team in Iceland has a strong track-record in the design, build and operation of geothermal power plants. The team has built 16 plants with a total power generation capacity of 86 MW in Kenya and Iceland.
As of today, Cindrigo is involved in three ongoing projects: Croatia, Chile and Kenya. In addition, Cindrigo has a number of project expansion possibilities under discussion with expansion expected to be carried out primarily in the Pannonian basin of Central Europe, but also in other parts where there is a set of natural strategic partners with potential projects.
Cindrigo aims to have contracts in place for geothermal power plant projects with up to 200 MW of contractual capacity within a year, up to 450 MW within three years and 1000 MW by 2030. The financing for each power plant project will primarily be sought on a project-finance basis at the level of the special purpose vehicle utilised for that project.
Cindrigo's common shares are pending readmission to trading at London Stock Exchange Main List ("LSE") with a Standard Listing, which the Company hopes to update shareholders further on in the near future
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