4th Aug 2016 13:02
LONDON (Alliance News) - NextEnergy Solar Fund Ltd on Thursday said it has issued a further 5.8 million shares under its previously announced tap issue in the fourth transaction of the week.
The solar power project investor said it will issue the additional shares at 101.00 pence per share under the programme, to raise around GBP5.8 million.
This follows the 1.4 million shares NextEnergy issued under the programme on Tuesday and the 4.3 million issued under the programme on Monday, which together raised around GBP5.7 million.
All three transactions follow the GBP42.2 million fundraise NextEnergy undertook in July.
Shares In NextEnergy were down 1.2% at 101.00p on Thursday afternoon.
By Hannah Boland; [email protected]; @Hannaheboland
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