Shenzhen Topraysolar plans to issue 6.5% bonds due 2022 in a public offering to raise gross proceeds of CNY200m ($30.23m).

Based in China, Shenzhen Topraysolar manufactures and sells crystalline photovoltaic (PV) modules.

Active Energy Group has agreed to issue 41,733,333 ordinary shares in a private placement, priced at £0.0125 ($0.0166) a share.

Intended to raise gross proceeds of £0.52m ($0.69m), the shares are being issued pursuant to the receipt of 40 million options and 1,733,333 warrants from CEO of Active Energy Group Richard Spinks, who will subscribe to the shares placed under the offering.

He will hold 52,105,333 ordinary shares or 6.013% of the voting share capital of the company following the offering.

The proceeds are intended to be used for commercial purposes.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Active Energy Group supplies woodchip products for manufacturing medium-density fibreboards and in biomass power generation.

“Enel Green Power Brasil Participacoes has agreed to invest $355m to develop the 388MW Sao Goncalo solar plant.”

Volt Power Group is offering 1.9bn shares in a private placement, priced at A$0.0025 ($0.002) a share.

The shares are to be subscribed by existing and new professional and sophisticated investors.

The company proposes to raise gross proceeds of A$4.75m ($3.63m) through the offering.

Persons associated with ECM and the firm’s CEO Adam Boyd, have committed to subscribe an aggregate of A$0.87m ($0.66m) under the offer. However, the allotment of shares to the ECM Parties is yet to be approved by Volt Power’s shareholders.

Volt Power has agreed to acquire crushing equipment manufacturing and supplying company Wescone Distribution for approximately A$5m ($3.82m) and a 50% stake in EcoQuip Australia for A$1.15m ($0.88m).

Proceeds raised will be used to meet the consideration requirements for the Wescone acquisition, and associated obligatory requirements.

Based in Australia, Volt Power develops and owns power generation technology and infrastructure asset/equipment.

Wintime Energy has raised gross proceeds of CNY1bn ($151.27m) in a 2017 seventh tranche of the public offering of 7% short-term notes due December 2018.

Wintime Energy is engaged in coal mining and power generation.

Enel Green Power Brasil Participacoes has agreed to invest $355m to develop the 388MW Sao Goncalo solar plant in Sao Goncalo do Gurgueia Municipality, Brazil.

Enel Green Power Brasil Participacoes is engaged in power generation using renewable sources.

Anticipated to start operations in early 2021, the solarpower plant is expected to generate more than 850GWh of renewable energy a year.