(EnergyAsia, March 28) — Australian Ethanol Limited said it has raised A$12.45 million by a placement of ordinary shares to institutional investors. (US$1=A$1.37). The funds will be used mostly for completing the first stage of construction of the Swan Hill ethanol project in northwestern Victoria state and also to develop the Beatrice biodiesel project south…
AUSTRALIA: Austraian Ethanol Limited raised US$12.45 million in share placement, to proceed with eth
Posted on March 28, 2006 by EnergyAsia