SINGAPORE, March 3, 2023 — Twenty20 Energy, an integrated international energy provider enabling decarbonization and energy transition solutions through innovative technologies, today announced the completion of a private capital raise totaling circa US$8.4 million. Proceeds have been deployed for use as direct investments in projects and are also expected to be used for working capital.
Geoff Lawrence, Chief Executive Officer of Twenty20 Energy, said, “We are pleased to complete this private capital raise with the new investors in Twenty20 Energy. We appreciate the confidence displayed by those participating in this private capital raise and we believe the future of T20 is bright as demonstrated by these passionate investors.”
About Twenty20 Energy
Twenty20 Energy delivers innovative energy solutions that enable clients, partners, and stakeholders to accelerate the transition to a cleaner energy future. From concept development to operations and maintenance, Twenty20 Energy provides engineering, project execution and asset management through long term operations and management solutions, coupled with the capacity to provide funding or participate in shared project ownership. Uniquely positioned in the energy landscape, Twenty20 Energy has a global reach with local sensitivity, developing projects that deliver cleaner energy while empowering economic growth for today and beyond.
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Lytham Partners, LLC
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SOURCE Twenty20 Energy