Enhanced Oil Resources Inc. is pleased to provide the following update regarding the Company’s proposed activity for 2011. The Company had previously announced on December 22nd 2010 that it had completed a $25 Million bank credit facility with Regions Bank. The credit facility capped a year where the Company produced four straight quarters of...
Hiroshi Development, LLC addresses an opportunity in the renewable energy market that neither traditional private equity nor venture capital investors currently address. Renewable energy financings require a strong understanding of project equity, senior and subordinated debt structures, regulatory compliance, fuel supply and power purchase agreements....
Boston-Power, Inc., the rapidly growing provider of next-generation Lithium-ion batteries, announced $55 million in new funding. Boston-Power will use the new growth capital to scale manufacturing, sales, marketing, and research and development to meet strong global demand for Sonata Lithium-ion batteries. Initially targeting notebook computers, Sonata...
Bolstering its contribution of high-efficiency and cost-saving generators to the $37 billion wind industry, Danotek Motion Technologies has raised $14.5 million from CMEA Ventures, StatoilHydro unit StatoilHydro Venture and GE unit GE Energy Financial Services. Danotek’s generators can spur the wind equipment market by increasing wind turbines’...
Solix Biofuels, a Fort Collins, Colo.-based alternative energy technology firm focused on algae-based intermediates for fuel and chemical production, today announced it has raised $10.5 million in its first round of outside funding, and has reached an agreement with investors for an additional commitment of $5 million, to be used to build an algae...
Global warming, energy security and rising oil prices have resuscitated the marine energy sector. Ocean energy is a predictable and abundant source of energy with the ability to supply approximately 10% of the world’s electricity needs. The value of worldwide electricity revenues from wave and tidal stream projects could ultimately be between...
NxtGen Emission Controls Inc. announced the closing of a $15.4 million USD Series B investment led by Altira Group LLC. NxtGen is an emerging leader in syngas technology for diesel engine combustion optimization. NxtGen’s technology is making existing and new engines cleaner to meet global emission reduction regulations. It provides a platform...
Inergy, L.P. announced that The National Association of Small Business Investment Companies (NASBIC) has named Inergy a recipient of its 50th Anniversary “Impact Awards.” Inergy is being honored at a luncheon presentation today during the NASBIC’s 50th Annual Meeting & Private Equity Conference. Inergy – along with Intel, the world’s...
BlueFire Ethanol Fuels, Inc., a company changing the world’s transportation fuel paradigm through the production of ethanol from non-food cellulosic wastes, has been invited to present at the Renewable Energy Finance Forum-West (REFF-West) being held at the Grand Hyatt Hotel in Seattle on October 27-28, 2008. BlueFire Ethanol CFO, Christopher Scott,...
NEMI Northern Energy & Mining Inc. and Aviva Corporation announce that they have entered into a merger implementation agreement to combine the businesses of the two companies to create a new growth-oriented international coal and energy group. The combined entity will provide investors with exposure to operating and development stage assets across...