GNX genex power limited

Renewable energy play Genex Power landed in front of small-cap...

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    Renewable energy play Genex Power landed in front of small-cap fund managers on Wednesday morning with a $115 million captal raising.Genex Power launched a capital raising on Wednesday morning. Louise KennerleyThe deal was split between a $90 million placement and accelerated non-renounceable entitlement offer, and a $25 million cash injection from Japanese electricity producer J-Power.New shares in the offer were being sold to funds at 20¢ each. Genex’s shares last traded at 28¢.
 
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Currently unlisted public company.

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