European Green Transition, a company co-founded by serial entrepreneur Cathal Friel focused on assets and businesses needed for the green energy transition, has raised an initial £6.45 million from professional investors its initial public offering in London.
EGT, which lists Dublin as its principle place of doing business, would have a market capitalisation of close to an initial £15 million by the time it starts trading on London’s AIM junior stock market on April 8th. The seed portfolio includes three exploration projects – two in Sweden and one in Germany – for critical metals such as lithium, used for electric vehicle batteries, and rare-earth metals such as dysprosium and terbium, used in the manufacture of wind turbines.
The initial £6.45 million was raised from institutional investors and family offices, which are firms that manage investments for wealthy individuals or families.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: IrishTimesBiz - 🏆 6. / 77 Read more »
Source: IrishTimesBiz - 🏆 6. / 77 Read more »
Frontline Ventures raises $200m for seed and growth fundsIrish venture capital firm, Frontline Ventures, has raised $200m in new funding across two funds.
Source: RTEbusiness - 🏆 16. / 61 Read more »
Source: stellarmagazine - 🏆 25. / 51 Read more »
Source: stellarmagazine - 🏆 25. / 51 Read more »
Source: stellarmagazine - 🏆 25. / 51 Read more »