ENERGY & INDUSTRY..

News & Media

23rd Jul, 2015  |  Media Releases, General News

Kentech closes US$32m financing

Kentech is delighted to announce the closing of a US$32million refinancing process.  Kentech have partnered with Blue Water Energy, (BWE), the London based growth investor who specialise in the energy sector. The funds raised will be used to support the continued growth of Kentech’s global services and further development of its engineering and operational personnel. Sarah Kent, Kentech’s CEO comments “Kentech grew by 28% last year and our outlook is very strong.  Partnering with Blue Water Energy is a key pillar to facilitate the continued growth and development of Kentech across international markets”. Mark Dickinson, Managing Director of Blue Water Energy states, “This is very exciting opportunity to work hand in hand with the management team at Kentech. The achievements made by this family founded business are already notable so with the expertise we can bring to complement their teams, combined with our strategy of investing in businesses with international growth potential, we feel confident that the future outlook for Kentech is excellent”.

Read more

TAGS: #UAE  #Kazakhstan  #Sakhalin  #Mexico  #Qatar  #Kuwait