Powerspan Corporation Secures $50,000,000 Series D Funding

  • Feed Type
  • Date
    4/23/2009
  • Company Name
    Powerspan Corporation
  • Mailing Address
    100 International Drive Portsmouth, NH 03801
  • Company Description
    Powerspan develops and commercializes proprietary, multi-pollutant control and carbon dioxide (CO2) capture technology for electric power plants.
  • Website
    http://www.powerspan.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The investment will be used to commercially deploy Powerspan’s ECO2(R) carbon dioxide (CO2) capture technology for coal-fired electric power plants.
  • M&A Terms
  • Venture Investor
    Tenaska Energy Inc
  • Venture Investor
    AllianceBernstein LP
  • Venture Investor
    Persimmon Tree Capital
  • Venture Investor
    NGEN Partners
  • Venture Investor
    The Beacon Group
  • Venture Investor
    The Tremont Group
  • Venture Investor
    Rockport Capital Partners
  • Venture Investor
    Calvert Group Ltd.
  • Venture Investor
    Angeleno Group, LLC
  • Venture Investor
    Fluor Corporation
  • Venture Investor
    FirstEnergy Corp
  • Venture Investor
    Undisclosed

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