Mustang Energy Plc (LON:MUST) Share Price, News, Chart & Financials

Mustang Energy Plc

Mustang Energy Plc 48 Chancery Lane c/o Keystone Law London WC2A 1JF

+61 416220007

http://www.mustangplc.com/

Sector: Oil & Gas

Description

Headquartered in London, Mustang Energy Plc. was established as a Special Purpose Acquisition Company (SPAC) in 2018. The main purpose of the company is to raise capital from investors and the initial public offering to acquire the already existing companies operating in energy and natural resource sector, especially those involved in on-shore projects.

The company tries to acquire development projects in energy and renewable sector that are low cost and possess significant undeveloped potential with access to existing infrastructure by using its exclusive managerial experience and relationships.

In March 2021, Acacia Resources Limited (Acacia) became the largest shareholder with 24.03% stakes in the Mustang Energy. The main objective of the new deal between Mustang Energy and Acacia is to invest together in the renewable energy projects, develop wherever there is scope to include stationary energy storage and to invest together in energy storage/battery value chain.

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CNE

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AAOG

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RDSA

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COPL

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OGZD

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DGOC

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HYR

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PTAL

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ENOG

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Mustang Energy Plc

Mustang Energy Plc

Description

Peers

RBD

LKOH

DCC

CNE

AAOG

RDSA

COPL

OGZD

DGOC

HYR

PTAL

ENOG

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