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IN BRIEF: Chariot raises USD29.5 million to fund projects and pipeline

Fri, 10th Jun 2022 16:09

Chariot Ltd - Devon, England-based Africa-focused transitional energy company - Raises USD29.5 million through an oversubscribed placing, subscription and open offer. Net proceeds will be used to advance the engineering and design of the Anchois Gas Development project and to progress its renewable power pipeline.

Current stock price: 19.63 pence, down 1.9% in London on Friday

12-month change: more than triple from 5.79p

By Heather Rydings; heatherrydings@alliancenews.com

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