Cleen Energy AG (WBAG:CLEN) announced a private placement of 200,000 shares at an issue price of €4 per share for gross proceeds of €800,000 on March 1, 2021. The transaction has been approved by the management board and supervisory board of the company. The subscription period is expected to start on March 15, 2021 and end on March 29, 2021. The transaction is subject to approval from the supervisory board.