GreatPoint Energy turns polluting coal into cleaner gas, raises $100M
GreatPoint Energy, a company developing a way to turn polluting coal into less-dirty natural gas, has raised a whopping $100 million third round of financing.
The company will use the money to finish proving its technology works in large-scale production which, if successful, will be a significant step toward reducing the release of carbon emissions.
The new lead investors in the Cambridge, Mass. company are Citi Sustainable Development Investments and Dow Chemical, who were joined by AES… Continue Reading