PLAGAZI EXTENDS ITS SERIES-A WITH AN ADDITIONAL SEK 20M INVESTMENT FROM EXPERIENCED ENERGY INFRASTRUCTURE INVESTOR, UTURN2INNOVATION
Uturn2innovation, an investment entity primarily focused on renewable energy projects, has committed to an equity investment in Plagazi AB (publ) (“Plagazi” or the “Company”) of SEK 20 million to be utilized towards Plagazi’s current projects with the main focus being the development of Köping Hydrogen Park. The directed issue is in cooperation with Plagazi’s financial advisor Vator Securities, a part of Plagazi’s expanded Series A round to facilitate the Company’s further growth and development. The funding from Uturn2innovation will help to ensure steady progress towards completion of