LONDON, 29 April 2009 – Panmure Gordon & Co is pleased to announce that it has acted as joint broker on a fund raising of £9.5m for its client, Zenergy Power plc.
Zenergy is a clean energy development specialist, using highly efficient superconductive components. The proceeds from the fundraising will be used to expand its commercial operations in the US.
Panmure Gordon chief executive, Tim Linacre, said: “Across the Panmure Gordon Group, with excellent analysts and investment bankers, green technology is a sector to which we’re very committed and in which we have developed a strong reputation.
“Our US subsidiary, ThinkEquity, recently held its third annual ThinkGreen conference in San Francisco, which was very well attended by green tech industry leaders. There is a lot of interest in the sector at the moment and Group is well placed to help its clients, like Zenergy, achieve success.”
Group Communications Manager
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About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co (PMR.L) is a leading independent mid-cap institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 250 professionals across the US, the UK and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management.