Economy

Bapco Energies May Announce Fundraising from Assets Within 6 Months

Bapco Energies May Announce Fundraising from Assets Within 6 Months

The CEO of Bahrain's Bapco Energies, Mark Thomas, indicated that "the company may issue announcements regarding liquidity collection, using its assets in the next six months." In an interview with Reuters, Thomas stated, "We may issue some announcements in the next six months about the possibility of monetizing some assets." He added, "We look at our neighbors and see what they have done, especially in infrastructure where the low-risk return is utility-based."

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