UK: Intelligent Energy raises £22m

Intelligent Energy, the fuel cell technology specialist, announced on 29 February the completion of its latest round of funding, raising in excess of £22m (US$35m) from existing and new institutional shareholders. This investment, achieved through a placement at £2.30 per share, values the company (on a fully diluted basis) at Subscribe to Automotive World to … Continued

• By Webmaster
• March 1, 2012