Deals this week: Broadwind Energy, Thalassa Holdings, Medco Energi Internasional

Broadwind Energy plans to raise $50m through a public offering of securities.

The company also proposes to issue common stock, preferred stock, warrants, stock purchase contracts, and stock purchase units.

Broadwind Energy has engaged Thompson Coburn as its legal advisor for the offering.

Net proceeds are intended to be used for general corporate purposes.

The company is engaged in the manufacture of structures, equipment, and components for clean technology and other specialised applications.

Thalassa Holdings has signed a letter of intent (LoI) to sell the marine geophysical services company WGP Group for a consideration of up to $30m.

The deal includes an upfront payment of $20m and performance-based earn out of up to $10m.

Medco Energi Internasional has raised gross proceeds of $300m in a public offering of 8.5% bonds due 17 August 2022.

Interest on the issued bonds is proposed to be paid semi-annually.

Proceeds from the offering are intended to refinance existing debts.

The company has engaged Australia and New Zealand Banking Group (ANZ), CLSA, Credit Suisse Group, JPMorgan Chase & Company, and Mandiri Sekuritas (Mandiri Securities) as book-runners for the offering.

Eco Wave Power has announced that it has raised $3m in a venture financing round.

The company intends to use the proceeds for team expansion and for faster execution of 130MW of projects in its pipeline.

Eco Wave Power is engaged in the development of wave energy devices.