Nexterra raises C$3.8M for biomass gasification
Nexterra, a Vancouver, B.C.-based developer of low cost gasification systems, has wrapped up a C$3.8 million ($3.6 million) fourth round of funding, courtesy of Calgary, Alberta-based investor ARC Financial Corp. This raises ARC’s total investment in Nexterra to well over $19 million.
The company’s gasification technology takes wood chips and other biomass waste products and converts them into clean-burning syngas (short for “synthetic gas”), which can be used to produce electricity and useable heat. The syngas… Continue Reading
Changing World Technologies, a maker of biodiesel and fertilizers, files for $100M IPO
Proving that there’s still life in the ailing IPO market — well, at least in the cleantech sector — Changing World Technologies, a West Hempstead, New York-based maker of biodiesel and organic fertilizers, has filed papers with the SEC to raise up to $100 million. It has not yet disclosed the number of shares it plans on selling or its ticker symbol, but says that it expects to trade on the NASDAQ or NYSE Arca.
CWT… Continue Reading