Twenty20 Energy, an integrated international energy provider enabling decarbonization and energy transition solutions through innovative technologies, announced the completion of a private capital raise totaling circa US$8.4 million. Proceeds have been deployed for use as direct investments in projects and are also expected to be used for working capital.
Geoff Lawrence, Chief Executive Officer of Twenty20 Energy, said, "We are pleased to complete this private capital raise with the new investors in Twenty20 Energy. We appreciate the confidence displayed by those participating in this private capital raise and we believe the future of T20 is bright as demonstrated by these passionate investors."