Energean raised $460 Million in Yesterday’s IPO 
The day following its London IPO, the Energean Oil & Gas PLC (ticker: ENOG) board approved the Final Investment Decision for the $1.6 billion Karish & Tanin development project, offshore Israel.
Financing the project
Energean said $405 million of the $460 million raised from the IPO of its shares will be used to fund the company’s 70% share in the project, while the remaining 30% will be funded by Kerogen Capital, its partner in the project.

The project is also being financed throug...

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