BioEnergy Africa gets £8m: Howzat?

Biofuels groups have had their critics, but there was good news for the City’s newest green energy group yesterday as it was ushered on to London’s junior market. BioEnergy Africa, formed to develop ethanol from sugar cane projects in southern Africa, rose 2p to 14½p after listing on AIM. The company, chaired by that serial African investor Phil Edmonds, raised £8.6 million through a placing of about 20.7 per... [read full story]