Information about Clean, Renewable Energy.

GeoDynamics Raises $33.5M(Aus)

HFR (hot fractured rock) geothermal development company GeoDynamics announced that it has sold 22.3M shares at $1.50 per stub to raise $33.5M (Australian.) Post offering, the company now has 258.9M shares outstanding for a market cap of over $388M (A.) The company continues its development of a 500MW planned HFR project in Australia.

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