Ceres Power Holdings PLC's (LON:CWR) Phil Caldwell talks to Proactive London about the completion of a £181mln fundraising through both a placing and subscription.
Caldwell says it is the right time, to capitalise on the 'great momentum' as well as accelerate the development of its hydrogen electrolysis and fuel cell technology.
Caldwell says it's the 'right time to grow into a world class player and this capital raise really enables us to do that'. He adds, 'we're now in great shape for the future'.