A$10M Placement ASX Listed - Renewable Energy - Offer Closed
| Categories: | Securities, Unissued Securities |
| Sale Type: | Asking Price |
| Price Guide: | AUD $10M Placement Issue Price $0.22 (24.2% discount to 5 Day VWAP) |
| Status: | Closed |
Summary:
Exposure to renewable energy sector - Leveraging existing infrastructure for low cost development - Positive macro outlook - Government support. Two energy
output forms including initial 50MW Solar Project - All permits and approvals received. 20 year revenue guaranteed. ARENA Funded. Construction commencing
December 2016. First cash flow Q4 2017 PLUS 250 MW Pumped Storage Hydro - Feasibility completed – Strategic peak generator / energy storage. DvP facility.
OFFER CLOSED.
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