Archived News for Energy Sector Professionals - August, 2011
Victorian based renewable energy company MBD Energy has announced plans to launch its initial public offering next year, bringing forward its plans in the face of growing public support for carbon capture technology.
"We were looking at listing in 2013, but we've been able to pull that forward to 2012...and the interest in (our project) is very positive," MBD Energy chief executive and co-founder Andrew Lawson said.
The group is looking to raise anywhere between $60 and $100 million, with two large investors recording their interest as cornerstone investors.