BRIEF-Energy Developments says co to acquire 21MW of generation assets from clarke Energy Australia

Mon, 24 Feb - 7:48am

Feb 24 (Reuters) - Energy Developments Ltd ENE.AX :

* Ene acquisition and equity raising ENE.AX

* Says agreed to acquire 21mw of generation assets from Clarke Energy Australia for $21 million

* Launching fully underwritten institutional placement to raise $50 million to fund the CSG assets

* Says Greenspark has announced its intention to sell 18.25 million existing shares alongside placement

* Source text for Eikon News Search ID:nASX8940hy

* ((For more news, please click here ENE.AX ))

((Bangalore Newsroom; +91 80 6749 1130))

URN: 
urn:newsml:reuters.com:20140223:nWNBS00C47:6
Topics: 
ELG DBT DEAL1 LEN RTRS BACT ELEU AU CMPNY UTIL BLR ASIA

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