Appointment of Merrill Lynch

RNS Number : 2029E
Clean Energy Brazil PLC
24 September 2008
 



24 September 2008


CLEAN ENERGY BRAZIL PLC

('CEB' or the 'Company')


Appointment of Merrill Lynch


Clean Energy Brazil plc, a leading specialist investment company focused on Brazil's sugar cane/ethanol industry, is pleased to announce that it has engaged Merrill Lynch in Brazil to arrange a fundraising exercise for the Company.  The proceeds of the fundraising will be used to support and develop CEB's existing investments and/or to make new investments in the Brazilian sugar cane/ethanol sector.


Alvarez & Marsal continues to advise Usaciga (49% owned by CEB) in relation to its funding requirements and a further announcement will be made when appropriate.  The Company expects to publish its final results for the year ending 30 April 2008 by the end of October 2008.


Further enquiries:


Clean Energy Brazil plc

Marcelo Junqueira

(Chief Executive Officer)


Tel: +55 (0) 11 3556 8750

Smith & Williamson Corporate Finance Limited

(Nominated Adviser)

Azhic Basirov

David Jones


Tel: +44 (0) 20 7131 4000

Numis Securities Limited

(Broker)

Hugh Jonathan

Lee Aston 


Tel: +44 (0) 20 7260 1000

Fishburn Hedges

(Financial PR Adviser)

Andy Berry

Michelle James


Tel: +44 (0) 20 7839 4321

ceb@fishburn-hedges.co.uk

+44 (0) 7767 374421

+44 (0) 7958 451446




This information is provided by RNS
The company news service from the London Stock Exchange
 
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