Reabold Resources PLC 2024 AR2
The report highlights Reabold Resources plc's strategic focus on European gas assets, particularly West Newton in the UK and Colle Santo in Italy, to support energy security. In 2024, the company increased its interest in LNEnergy to 29.2% and agreed to acquire an additional 20.4% in Rathlin Energy, which completed in January 2025. Financially, Reabold received a final tranche payment of £4.4 million from Shell for the Victory gas project sale, ending the year with £6.2 million in cash. On the ESG front, a Carbon Intensity Study for West Newton concluded with an AA rating, demonstrating its low-carbon potential compared to average imported LNG.
Company: Reabold Resources PLC
Sector: Energy
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 80
Reabold Resources PLC
Annual Report And Financial Statements
The report highlights Reabold Resources plc's strategic focus on European gas assets, particularly West Newton in the UK and Colle Santo in Italy, to support energy security. In 2024, the company increased its interest in LNEnergy to 29.2% and agreed to acquire an additional 20.4% in Rathlin Energy, which completed in January 2025. Financially, Reabold received a final tranche payment of £4.4 million from Shell for the Victory gas project sale, ending the year with £6.2 million in cash. On the ESG front, a Carbon Intensity Study for West Newton concluded with an AA rating, demonstrating its low-carbon potential compared to average imported LNG.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 3:
Workplace Fatalities
Employees