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Caledonia raises US$13M for solar plant

Company plans to reduce dependence on the domestic utility due to recurring supply disruptions.

Craig Guthrie
The solar PV plant will supply Blanket’s baseload demand during peak sunlight hours

The solar PV plant will supply Blanket’s baseload demand during peak sunlight hours

Caledonia raised the funds through the sale of 597,963 shares at market price to US financial services company Cantor Fitzgerald & Co. The company plans to develop a 19.65MWp solar PV and battery system...

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