04:31 AM EST, 11/10/2026 (MT Newswires) -- Beacon Energy (BCE.L) secured an extension to the long stop date in its acquisition of an indirect 24% stake in LNEnergy to Feb. 28, 2027, according to a Tuesday release. The latest agreement with oil and gas project developer Reabold Resources (RBD.L) also waives a condition related to a production concession for the Colle Santo asset. The renewable energy company expects the second stake purchase to be completed in the coming weeks.

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