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Buru Energy to raise funds for Unangi oilfield development in Western Australia
2017-08-03 01:00:00| Hydrocarbons Technology
Australian oil and gas exploration company Buru Energy is planning to raise approximately A$10.2m ($8.1m) through a one-for-five entitlement offer priced at 15 cents to fast-track the development of its Unangi oilfield in Western Australia (WA).
Tags: development
australia
western
energy
British Gas to raise electricity prices
2017-08-01 09:56:56| BBC News | Business | UK Edition
Prices are to increase by 12.5% from mid-September, affecting 3.1 million customers.
Tags: prices
british
gas
raise
Uber rival Grab to raise $2.5bn in fresh investments
2017-07-24 07:53:44| BBC News | Business | UK Edition
China's Didi Chuxing and Japan's Softbank are backing the ride-hailing firm with extra funding.
Tags: fresh
raise
investments
grab
CityFibre to raise GBP 200 mln for expansion, FTTH launch
2017-07-05 09:34:00| Telecompaper Headlines
(Telecompaper) UK operator CityFibre is planning to place GBP 200 million in a share offering to further its network expansion plans. The company will sell GBP 185 million worth of shares at 55 pence each, underwritten by Citigroup, finnCap, Liberum and Macquarie, and raise another GBP 15 million through a non-underwritten offering. With the money, CityFibre will boost its infrastructure and continue putting its focus on wholesale fibre services, namely with the acquisition of business ISP Entanet, for GBP 29 million in cash.
Tags: expansion
raise
launch
gbp
CityFibre to raise 200m to fund fibre footprint expansion
2017-07-05 02:00:00| Total Telecom industry news
CityFibre on Tuesday said it will raise up to £200 million by selling new shares in order to accelerate the expansion of its fibre networks. The U.K. altnet has also agreed to acquire rival wholesaler Entanet for £29 million in cash. CityFibre said in a statement that net proceeds from the share placement will go towards constructing residential fibre-to-the-home (FTTH) networks in five-to-10 locations in 2018. "…read more on TotalTele.com »
Tags: fund
expansion
raise
fibre
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