Misen Energy Concluded the additional Financing Agreement
On 13 March 2020 Misen Energy AB (publ) signed the Financing Agreement with a new financial partner, thus strengthening its financial position in the light of ongoing SCC Arbitration. A new financial partner is the United States based international businessman Mr Edvardas Jatautas, who will fund Misen in addition to the existing financial facility with Powerful United Limited. Under the Financing Agreement, Misen Energy AB (publ) is entitled to up to 1 million EUR to fund the Swedish operation and the ongoing arbitration proceeding commented by JSC Ukrgazvydobuvannya in July 2016.