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Group Five warns of widened FY18 losses

By: Creamer Media Reporter      29th August 2018 Construction company Group Five on Wednesday warned of widening losses for the financial year ended June 30, as losses continued in the second half of the year, despite the group's restructuring and rationalisation programme. Group Five expects to report a loss a share and a headline loss a share... 

Group Five relocates in effort to cut costs, secures early work on PPP

By: Irma Venter     2nd July 2018 Cash-strapped construction firm Group Five has relocated its offices as part of an effort to cut costs. The JSE-listed group said on Monday that its South African construction operations had been relocated to Spartan, on the East Rand, to owner-occupied premises. 

Kpone independent power plant project, Ghana

23rd January 2015 Cenpower has reached financial close on the $900-million financing required for the construction and development of its Kpone independent power plant project. 

Kpone independent power plant project, Ghana

17th October 2014 Cenpower has announced the financial close of the required $900-million in project finance for the Kpone independent power plant project. 

Gas- and oil-fired combined-cycle power project, Ghana

By: Sheila Barradas     19th September 2014 Cenpower Generation Company has awarded the engineering, procurement and construction contract to Group Five for the design and construction of the power plant. 

Group Five secures R4bn EPC contract in Ghana

By: Natasha Odendaal     21st August 2014 JSE-listed Group Five on Thursday said it had secured a three-year R4-billion engineering, procurement and construction contract for the design and build of a 350 MW gas- and oil-fired combined cycle power plant in Ghana. Ghana-based Cenpower Generation would issue the notice-to-proceed to... 


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