Skip to main content
The Markets by Proactive
Go to Proactive UK

Energy

Wasabi Energy starts trading on AIM

Wasabi Energy (LON:WAS, ASX:WAS) has now joined the AIM market, following a £4.9 million (A$7.9 million) equity placing.

Wasabi invests in companies and projects which it believes can provide solutions to the world’s energy and environmental challenges.

Its portfolio is focused on the three core areas: renewable power, sustainable water and biofuels.

Wasabi aims to become a major, profitable, energy and clean technology company, building on an established platform of strategic investments in the power technology and water conservation areas.

"We are delighted to announce the commencement of trading on AIM,” chairman John Byrne said.

“The high levels of interest shown and the calibre of new investors that have come in at the placing have underpinned our belief that the London market represents an excellent opportunity for Wasabi."

“We continue to view the future with confidence."