21st Nov 2013 14:41
LONDON (Alliance News) - The Renewables Infrastructure Group Ltd Thursday said it has raised GBP10.1 million before costs through the issue of 10 million shares at a price of 101 pence per share.
The renewable energy investment group said it expects that dealings in the new shares will commence on November 26 and that the funds raised will be used to complete the acquisitions of ground mounted solar park in the UK.
The company said the acquisitions are being made for an aggregate consideration of roughly GBP21 million.
The Renewables Infrastructure Group shares were up 0.3% to 101.25 pence Thursday.
By Tom McIvor; [email protected]; @TomMcIvor1
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