Tag: ASX: CXL
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US-based Carbon Direct invests €15M ($17.7M) for 7% stake in Calix’s LEILAC business
SYDNEY, Australia — Multi-award-winning Australian technology company Calix Limited (ASX: CXL) (“Calix” or the “Company”) is pleased to announce global decarbonisation investor Carbon Direct Capital Management has invested €15m for a 6.98% equity stake in Calix subsidiary, the LEILAC Group, which is dedicated to the commercialisation and ongoing development of Calix’s LEILAC CO2 capture technology.