Australia's Kalina Power hits 1-month high on appointing gas turbine vendor

Kalina Power

24/03/2021 02:45

** Shares of power generation services provider Kalina Power
 KPO.AX  rise as much as 6.1% to A$0.052, their highest since
Feb 22 
    ** KPO says it has selected Germany-based energy tech firm
Siemens Energy  ENR1n.DE  as gas turbine generator vendor for
co's distributed power generation projects in Alberta, Canada
 urn:newsml:reuters.com:*:nASX74NnWS
    ** Kalina Power poised for biggest intraday percentage gain
since March 12, on track for second consecutive session of gains
    ** About 3.4 mln KPO shares change hands vs 30-day average
of 1.2 mln shares 
    ** KPO up ~29% this year, as of last close 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))