Enerkem closes $30M in new financing

July 29, 2011 |

In Canada, Enerkem announced  the closing of US$30 million in additional financing through corporate equity (US$15.3 million) and corporate debt (US$15 million) transactions.  As part of the equity financing round, The Westly Group, Fondaction CSN and Quince Associates, L.P. join existing investors Valero Energy Corp., Waste Management, Rho Ventures, Braemar Energy Ventures and Cycle Capital, who had each invested in the recently announced US$60 million equity tranche.

Print Friendly, PDF & Email

Tags: ,

Category: International

Thank you for visting the Digest.