Wednesday, August 27, 2008
Nexterra Completes Fourth Round Equity Financing of $3.8 Million
Vancouver, BC –– Nexterra Energy Corp. (www.nexterra.ca) announced today that it has completed a $3.8 million fourth round of equity financing. The financing was led by ARC Financial Corp. (“ARC”) of Calgary, Alberta. This brings ARC’s total investment in Nexterra to over $20 million. ARC is Canada’s largest investment management firm focused on the energy sector. Nexterra Energy is a leading developer and supplier of advanced gasification systems that enable customers to self-generate clean, low cost heat and/or power using waste fuels "inside-the fence" at industrial and institutional facilities. Link.
Posted by tva995 at 11:10 AM