Augwind Energy Tech Storage Ltd (TASE:AUGN.M) announced a private placement of 2,000,000 common shares at a price of ILS 15 per share for gross proceeds of ILS 30,000,000 on February 23, 2020. The company will also issue warrants which are exercisable into one company share each at a strike price of ILS 23 per share for a period of 36 months. Each investor will receive half warrant. The transaction has been approved by board of directors.