Absolutely ......the bit i like is the throw away line that this leads to involving Siemens to roll out worldwide ....it is very much necessary to have a bankable partner to build power stations that are expected to operate for at least 25 years...this is a marriage from Heaven and converts KPO from an emerging technology company to a real player in waste heat recovery to power....
Suspect their was almost nothing paid....more likely gave Siemens a chance to access KPO technology as they have done for past 10 years with geothermal projects only in Germany... Well done KPO BoD..
those oppies were good buying yesterday...
Ann: Acquisition of an IP Portfolio from Siemens, page-9
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