Business
Genex Power launches placement for battery storage project – The Australian Financial Review
Renewable energy play Genex Power is on the hunt for funding to build a battery storage project in central Queensland.
Renewable energy play Genex Power is on the hunt for funding to finance the construction of a battery storage project in central Queensland.
Genex Power launched a capital raising on Thursday morning. Peter Braig
Genex was in the market with a $21.3 million placement on Thursday morning, with help from lead managers Morgans and Euroz and co-manager Canaccord Genuity.
The offer was priced at 22¢ a share, which was an 18.5 per cent discount to its 27¢ last close, according to terms sent to fu…
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