Renewables Infrastructure To Raise GBP25 Million Via Share Placing (ALLISS)

12th Mar 2018 12:58

LONDON (Alliance News) - Renewables Infrastructure Group Ltd said on Monday it plans to raise GBP25.0 million through placing of shares at 105.0 pence per share.

Shares in the renewable energy-focused investment company were up 0.1% at 105.12 pence on Monday.

Proceeds from the placing will go towards repaying funds taken from the company's revolving acquisition facility with Royal Bank of Scotland PLC, National Australia Bank Ltd and ING Bank NV.

Canaccord Genuity Ltd and Liberum Capital Ltd are acting as joint corporate brokers for the placing.

---

Related Shares:

Renewables Infrastructure Group