October 30, 2012 / 1:40 PM / 5 years ago

Mexico's Cemex to raise $300 mln by joining clean energy fund

MEXICO CITY, Oct 30 (Reuters) - Mexican cement maker Cemex said on Tuesday it will join a clean energy fund that is expected to raise $300 million through a public offer of Capital Development Certificates on Mexico’s stock exchange.

Cemex said its participation in the fund would be limited to management and advisory activities, and that it will retain a minority equity stake no higher than 10 percent in sponsored projects.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below