The environmentally focussed industrial company last week successfully raised equity and announced a very interesting global licencing deal.
- The deal with Heidelberg Materials is a significant step forward for their Leilac subsidiary, setting the benchmark for agreements going forward in MM’s view
- A transformative equity raise for the industrials company should now release the shackles for Calix. The deal was incredibly well bid with large scale back.
- While ‘green money’ investment is likely to slow, there is a huge opportunity in Calix’s technology, and the cement segment is only one application.
MM is high conviction on CXL
Add To Hit List
