The latest announcement is out from NU E Power Corp. ( (TSE:NUE) ).
Nu E Power Corp. announced the successful closing of the second tranche of its non-brokered private placement, raising $260,000 through the issuance of 866,665 units at $0.30 per unit. This funding will support general working capital and advance solar projects in Canada, enhancing the company’s industry positioning and potential impact on stakeholders by bolstering its renewable energy initiatives.
More about NU E Power Corp.
Nu E Power Corp. is a green energy company dedicated to the development, construction, and operation of clean and renewable energy infrastructure across North America. The company partners with Low Carbon Canada Solar Limited, a subsidiary of UK-based Low Carbon Investment Management Ltd., to facilitate non-dilutive investment for the development of up to 2GW of renewable energy projects in Canada by 2030.
YTD Price Performance: 50.0%
Average Trading Volume: 169,226
Technical Sentiment Consensus Rating: Strong Sell
For detailed information about NUE stock, go to TipRanks’ Stock Analysis page.