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Alexa Capital LLP advises Leclanché SA on its CHF 15 million private placement to support growth

Alexa Capital LLP advises Leclanché SA on its CHF 15 million private placement to support growth

Alexa Capital LLP continues to advise at the forefront of the ongoing global energy transition, bringing in four international institutional investors to participate in the CHF 15 million private placement of Leclanché SA (SWX:LECN).

On 16th August 2016, Leclanché, the Swiss-listed, vertically integrated provider of energy storage solutions, secured its first tranche of a capital raise which included new international institutional investors alongside participation from existing shareholders to support the company’s solid growth plan. Leclanché’s solutions are focused on three high growth market segments; utility-scale generation & microgrids, mass eTransport, and commercial & industrial battery systems. As well as integrating a wide range of storage technologies for its customers, Leclanché also leverages its proprietary Lithium Titanate (LTO) battery technology, who’s high-cycle, fast-charge performance characteristics are well suited to the requirements of mass/fleet transportation (e.g. electric buses) and certain high power stationary applications.

http://www.leclanche.com/investor-relations/investor-communication/press-releases/