Acta climbs on extra grant money

Acta, an Italian clean energy company listed on AIM, says it will receive more grant money than originally thought.

Acta, an Italian clean energy company listed on AIM, says it will receive more grant money than originally thought.

In an announcement today the firm claims a European Union grant programme called LIFE+ will now pay out €450,000 rather than €330,000 as previously indicated. Total grant income during the year will now be €823,000 with a further €860,000 expected in 2012.

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