April 17 (Renewables Now) – Carnegie Clean Energy (ASX:CCE) announced today that its creditors have accepted a restructuring plan to save the wave energy company and relist it on the bourse.
The plan includes a capital hike of up to AUD 5 million (USD 3.6m/EUR 3.2m) and aims at restructuring the companys balance sheet and relisting it on the Australian Securities Exchange over the next three to four months.
A month ago, Carnegie Clean Energy placed into voluntary administration the company and the units that make up its Energy Made Clean (EMC) solar and microgrid business. The process does not concern its CETO wave energy subsidiaries.
Carnegie said in a statement today …
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