Due to a rush on share applications in the final week of the Enova Community Energy share offer, the new energy retailer has extended the offer.
Enova Chair Alison Crook said “Because of the last minute payment processing required to assess how much capital has been raised, we would be required by ASIC to extend our Offer until next week. As we believe we have commitments of very close to our minimum target of $3 million, and our existing Prospectus is valid until 17 Dec, we have decided to maximise the full amount of time permitted by ASIC to raise as much capital as possible to give Enova the best foundation for success,”
“The community is really coming in behind this, so I urge anyone who wants to be part of this historic initiative to apply for shares now, as we raise the final capital.” said Ms Crook.
Enova Community Energy founding partners Steve Harris, Alison Crook, Melissa Mac Court and Patrick Halliday
