"Independent electricity retailer Pulse Utilities (NZAX: PLU) hopes to fund growth through a $3.3m share purchase plan announced today. The company is offering shareholders up to $15,000 of ordinary shares at the current issue price of $0.44 per share, with a top-up offer available until the purchase plan’s estimated cap of $3.3m is reached. The new capital will be used to fund continued customer acquisition and PulseX5 Smart Meter roll-out."