Australian-headquartered ReNu Energy has today (November 23) announced it has completed a capital raise of $4.5m to advance its green hydrogen projects.
Selling shares at $0.06, the company has said it has welcomed several new funds, family offices, and new shareholders to its register, as it continues to build its portfolio of renewable and clean energy investments.
The funds come as the company and its subsidiary, Countrywide Hydrogen looks to establish 1-2MW and 10MW green hydrogen production facilities in Brighton, Tasmania, and in Riau Archipelago, Indonesia, respectively.
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