Tecogen Gets $500K

7/14/11Follow @xconomy

Tecogen, a Waltham, MA-based provider of natural-gas-fueled, engine-driven combined heat and power systems, nabbed a $500,000 investment from Southern California Gas, SoCalGas announced today.The deal comes as a strategic addition to SoCalGas’ cleantech portfolio. Tecogen, whose systems provide electric power or cooling while heat from the engine is recovered and used at a facility, originally dates back to the 1960s. It was spun out by Thermo Electron (now Thermo Fisher Scientific) in 1987 and was sold to a group of private investors in 2000 when the Thermo Power entity it became part of dissolved, according to the Tecogen website.

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