Tlou to Raise £2.6mn for Botswana Project
Tlou to Raise £2.6mn for Botswana Project Sydney-listed Tlou Energy plans to undertake an equity placement of £2.6mn (US$3.6mn), it said on March 16. The placing will be conducted through a bookbuild process. The funds raised will be mainly used by Tlou to construct a 66kV transmission line from its Lesedi coalbed methane-to-power project in Botswana to the existing electricity grid at Serowe, and for field operating costs and ancillary equipment. The company said it plans to start ...
Source: naturalgasworld.com