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Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) has landed a US$100 million investment deal, to fund an expansion of its non-operated production portfolio – enabling an acceleration of growth and cash flow. The company, in a statement, announced that a US-based energy investor is injecting US$100 million into a new vehicle, called Zephyr Hawk LLC, which will acquire and manage the assets.
