Green energy

Could the anchors now be off after move to repay convertible loan notes

The move should have a two-fold benefit for the group’s shares, allaying fears over a massive diluting overhang, while also freeing up cash used for interest payments. Its shares may sail higher following a move this week to raise funds to repay a loan note which has been seen as a drag on the stock.
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Powerhouse Energy Group G3-UHT to ‘expand our horizons dramatically’

“Expand our horizons dramatically”, “Boots on the ground”, “Very confident in the future” are just some of the phrases Keith Allaun, Executive Chairman for PowerHouse used when he caught up exclusively with DirectorsTalk to discuss a £2.5 million fund raise announced this morning.
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