cleantech, energy, Nexterra

Nexterra Energy Raises $3.8 Million From ARC Financial

Luke Timmerman 8/28/08

Nexterra Energy, a Vancouver, BC-based company that enables industrial customers to generate heat and power from waste fuels, said it has raised $3.8 million Canadian in a fourth-round equity financing. The financing was led by ARC Financial of Calgary, Alberta, the largest energy investment firm in Canada. ARC has invested more than $20 million Canadian in Nexterra.

Luke Timmerman is the National Biotechnology Editor for Xconomy. You can e-mail him at ltimmerman@xconomy.com, call 206-624-2374, or follow him on Twitter at http://twitter.com/ldtimmerman.