finance – Page 3

Red Rocket Energy’s Equity Raise Stalls Amid Valuation Dispute ⚡

Red Rocket Energy, one of South Africa’s most active independent power producers (IPPs), has encountered a significant challenge: a stalled equity raise, triggered by a disconnect between the company’s valuation expectations and investor sentiment. The Deal That Didn’t Close ❌ Red Rocket was seeking a valuation of USD 500 million in its latest equity round.ContinueContinue reading “Red Rocket Energy’s Equity Raise Stalls Amid Valuation Dispute ⚡”