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IN BRIEF: Coro Energy raises funds to develop rooftop solar projects

25th Jul 2025 20:09

Coro Energy PLC - South East Asian energy company with a natural gas and clean energy portfolio - Plans to raise GBP1.6 million via a placing and retail offer at 0.5 pence per share. The placing will be by way of accelerated bookbuild by Tennyson Securities to institutional investors. The retail offer will total GBP100,000 and will be organised by the company's broker Hybridan LLP. Net proceeds will provide funds to continue to develop its pipeline of rooftop solar projects with Mobile World Group.

Current stock price: 0.50 pence, down 10% in London on Friday

12-month change: down 93%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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