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Inspired Energy raises up to £35mln in placing and open offer and fully acquires Ignite Energy

Inspired Energy PLC's (LON:INSE) Mark Dickinson speaks to Proactive after announcing they've raised £35mln and struck a deal to acquire the 60% of Ignite Energy that it does not already own. Dickinson says the acquisition will accelerate the group's organic growth in optimisation services. In an update on trading he adds that despite a slightly weaker second quarter revenue for the first six months of 2020 actually increased by 19% compared to the same period last year.

Quick facts: Inspired Energy PLC

Price: 14.75 GBX

AIM:INSE
Market: AIM
Market Cap: £141.59 m
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