Powerspan Corporation Secures $50,000,000 Series D Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3364226-f7af-4925-8c07-95791ed49721&Preview=1 -
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
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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
