Charisma Energy Services (SGX:YSV) subsidiary, Jericho Solar, achieved the Ceylon Electricity Board (CEB) Sri Lanka's financial closure milestone ahead of the deadline, according to a Monday filing with the Singapore Exchange.
The milestone is connected with a 5 megawatt solar standardized power purchase agreement with the CEB, revealed by the company in November 2025.
Shares of the company that owns, charters and manages power generation equipment were up nearly 5% in Monday trading.