OPG Power Ventures plc (OPG)

OPG Power Ventures plc (OPG) – First Day of Dealings

OPG, the profitable developer and operator of group captive power plants (GCPPs) in India, announces that its shares have today been admitted to trading on AIM, after recently raising £65.1m through its broker and nominated adviser Cenkos Securities. 

Commenting on the successful fundraising and the Admission to AIM, Arvind Gupta, Managing Director of OPG, stated:
“OPG is pleased with the extremely strong response from the UK investment community to our business which is focused on addressing the significant power deficit issues in India. The funds raised gives OPG the ability to finance the building of a further four power stations, increasing our power output from the existing 19MW to over 450MW in less than two and a half years. We welcome our new shareholders and look forward to updating them on our progress in due course, whilst we deliver on our aggressive growth strategy.”

For more information please go to: www.opgpower.org