RBR backed by Novus to build Mozambique LNG camp

RBR Group has been backed by Sydney’s Novus Capital to buy half of a camp construction company which will supply accommodation for construction workers building Mozambique’s first LNG export facility. 

RBR backed by Novus to build Mozambique LNG camp RBR backed by Novus to build Mozambique LNG camp RBR backed by Novus to build Mozambique LNG camp RBR backed by Novus to build Mozambique LNG camp RBR backed by Novus to build Mozambique LNG camp

RBR Group workers

RBR's investment will total $2.7 million.
 
It has secured $4 million via equity placement and loan finds. The placement is for $2.25 million from Sydney's Novus Capital for the sale of 281.