Plutonic Power Corporation announce the closing of its recently-announced bought deal financing, raising gross proceeds of $70,350,000 by the sale of 21,000,000 Common Shares at a price of $3.35 per share. The financing was underwritten by a syndicate of underwriters co-led by Cormark Securities Inc., GMP Securities L.P. and Macquarie Capital Markets...
Solarbrook Water and Power Corporation’s CEO announced the completion of the design and prototype study phase of a water recovery system to be used on cooling towers. “The system will recover water traditionally sent to the sewers, and will remove dissolved solids, and contaminates which result in lost cooling efficiency within the cooling...
W2 Energy Inc., a developer of green energy, is pleased to announce it has signed a preliminary joint venture letter of intent with Coastal Capital Acquisition Corporation to design, construct and operate an Algae to Bio-diesel facility in the state Florida, in the United States. W2 Energy has an all in one system that grows, harvests and dries algae...
Telvent, the IT company for a sustainable and secure world, announced today that it will be supplying a new Distribution Management System (DMS) for the University of Michigan. Telvent’s DMS, one of the Company’s Smart Operations solutions and part of its comprehensive Smart Grid Solution suite, will help the University achieve its goal...
Titan Energy Worldwide, Inc. a leader in the manufacturing, marketing and servicing of energy generation products and services, announced today that its subsidiary, Grove Power, Inc., has signed on to become a Power Partner distributor for MTU Onsite Energy, a member of the Tognum Group. “We are proud to be an official member of the MTU Onsite...
Quicksilver Resources Inc. announced today that it has formed a strategic alliance with major integrated energy company Eni for acquisition, development and exploitation of unconventional natural gas resources in an area covering approximately 270,000 acres surrounding Quicksilver’s Alliance properties in the Fort Worth Basin. The parties have...
Universal Energy Corp., an emerging U.S. oil and gas exploration and production company, announced today the launch of its acquisition plan for 2009. “The decline in commodity prices over the past few months has brought about opportunities like I’ve never seen before,” commented Billy Raley, Chief Executive Officer of Universal Energy...
Robert Friedland, Executive Chairman, President and Chief Executive Officer, and Ed Veith, Executive Vice President, Upstream, of Ivanhoe Energy Inc., announced that a recently completed evaluation by independent engineers has estimated that Ivanhoe Energy’s Tamarack Project, in the Athabasca region of Western Canada, contains best-estimate contingent...
Clearview Acquisitions, Inc. announced that it has completed its previously-disclosed acquisition of Helix Wind Inc. As previously reported in the January 29, 2009 press release, Helix Wind is engaged in the manufacture and sale of small wind turbines designed to generate 2.5 to 5 KW of clean, renewable electricity. Clearview acquired 100% of Helix...
Earth Biofuels, Inc. announced it has acquired a 40% ownership stake in American Petrox, Inc., based in Plano, Texas. API is a fuel supply company specializing in the supply of gasoline and diesel fuel to the aviation industry. API has supplied aviation companies such as American Airlines, Delta Airlines, and Continental Airlines with fuel for ground...