China Tianying has raised gross proceeds of CNY745.56m ($109.84m) and net proceeds of CNY732.02m ($107.84m) in a private placement of 112,963,681 shares priced at CNY6.6 ($0.97) a share.
The company engaged Zhong Lun Law Firm as its legal advisor for the placement.
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China Tianying is an environmental protection and energy services provider.
Power Survey and Equipment has completed a series A2 financing round to raise C$24m ($19.16m), led by EnerTech Capital and Investissement Quebec.
Investors Cycle Capital Management, Fonds de solidarite FTQ, and BDC Capital also participated in the financing.
The company intends to use the funds to expand its facilities, invest in new product development, and to acquire US-based company Power Standards Lab (PSL).
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By GlobalDataPower Survey and Equipment is engaged in the supply of power factor correction and harmonic filtering products and services.
Magnus Gas & Power plans to raise A$4m ($3.16m) in gross proceeds in a private placement of 3.2 billion shares priced at A$0.00125 ($0.001) a share.
The company has engaged DJ Carmichael as the underwriter for A$2.75m ($2.18m) of the placement, while the remaining amount of A$1.25m ($1m) has already been committed by other sources.
Net proceeds raised from the placement are intended to be used for investing in the Tulainyo Gas Discovery in the Sacramento Basin in California.
Beijing Enterprises Clean Energy Group (formerly Jin Cai Holdings Company) plans to raise approximately HK$1.32bn ($170.3m) in gross proceeds by issuing 7,820,619,687 shares priced at HK$0.17 ($0.021), to its existing shareholders.
Net proceeds raised from the offering will be invested in the clean energy businesses, will strengthen the company’s capital base, and will provide an opportunity to the qualifying shareholders to participate in the fundraising.
The company has engaged Velmar Company, Moregain Amusement Park Investment, and Zhihua Investments as its underwriters for the offering.
Beijing Enterprises Clean Energy is engaged in the development of photovoltaic and wind power plants.
