CCPF Completes Financing Round

Colombia Clean Power & Fuels (CCPF), a coal mining company operating in Colombia, has completed its Series A Convertible Preferred financing round with a total of $29.3m in subscriptions. The company received cash proceeds of $22m while $7.3m in debt was converted into Series A preferred shares. The company intends to use the proceeds to acquire additional coal concessions in Colombia.