PRESS RELEASE
Carnegie Clean Energy Limited (ASX: CCE) is pleased to announce a capital raising via a Share Purchase Plan (SPP) to raise up to $6 million for the 10MW Northam Solar Project and its project pipeline.
The SPP will allow all eligible Carnegie shareholders to purchase between $2,500 and $15,000 worth of shares in Carnegie at 6.7 cents per share. The offer price equates to approximately a 15% discount based on the share price at the close of trading on 20th March 2017.
The capital raised in the SPP will allow Carnegie to fund its share of the Northam Solar Project and receive the associated economic benefit, as well as supporting Carnegie’s solar and microgrid project pipeline development and delivery. In addition to the ownership of the Project, Carnegie’s Energy Made Clean and Lendlease Joint Venture will be engaged to build the Project.
To view the full announcement, click here.
Large-scale solar generation hit record highs in three states across Australia's main grid in September,…
High Court reverses NSW approval for an extension of one of the country's biggest coal…
NSW and federal governments are tipping in more than $1 billion to improve roads, with…
Construction begins at new wind and battery project that will help power one of world's…
The owner of the biggest wind farm in W.A. unveil plans for an even bigger…
The ageing cyclone proof wind turbines were the first "tilting" turbines in the state, and…
