Cougar Energy Raises A$280 Million to Finance UCG Project. (25-JUN-08) Gasification News

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Cougar Energy Raises A$280 Million to Finance UCG Project.

Publication: Gasification News

Publication Date: 25-JUN-08

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Cougar Energy will raise A$280 million over the next 18 months to finance its underground coal gasification (UCG) and power plant project in Kingaroy, Queensland, Australia, the company announced on June 10.

The Melbourne, Australia-based company signed an agreement with Direct Invest of Singapore to arrange two funding tranches....

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