Energy World Corporation Limited’s A$65 Million Capital Raising

Clayton Utz has advised ASX-listed Energy World Corporation Limited (ASX: EWC) in connection with a successful A$65m capital raising.

Energy World Corporation Limited completed the raising announced on 23 March 2021.

The raising comprised a fully underwritten 1 for 2.21 pro rata non-renounceable entitlement offer. Gleneagle Securities (Aust) Pty Limited acted as lead manager and underwriter. 

Energy World Corporation Limited will use the proceeds of the raising for the purpose of making payment due under an existing convertible note agreement and to fund project development. 

Energy World Corporation Limited  is an independent energy company, primarily engaged in the production and sale of power, and development of LNG projects.

The Clayton Utz team comprised of Perth-based Corporate partner Liz Humphry (Picture) and lawyer Samuel Pullin.

Involved fees earner: Liz Humphry – Clayton Utz; Samuel Pullin – Clayton Utz;

Law Firms: Clayton Utz;

Clients: Energy World Corporation Limited;

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Author: Sonia Carcano