PDF Publication Title:
Text from PDF Page: 001
PRESS RELEASE 04 April 2011 Stockholm Opcon secures SEK 250 million equity line of credit for investment in renewable energy and improved energy efficiency To strengthen the company and secure access to capital over time, Opcon AB, the energy and environmental technology Group, has signed an agreement with GEM Investment Advisors, Inc. and GEM Global Yield Fund Ltd concerning an equity line of credit worth up to SEK 250 million over a period of 36 months. The agreement gives Opcon an opportunity to successively raise capital against the right to subscribe for new shares. The equity line of credit replaces the planned issue of a convertible loan worth up to USD 40 million over time to August Capital per the declaration of intent signed at the end of February. “Energy safety and access to clean energy are vital matters today. We see great opportunities in the future within renewable energy and improved energy efficiency. We have leading technology in waste heat recovery and bioenergy, and the potential is considerable. With the growth and development we expect to experience, and the opportunities we have identified for energy savings internationally, not least in countries like China and in the marine sector, we need to strengthen our financial muscles. The total commitment of the equity line of credit provides a generous framework that will ensure that the company successively has access to capital when it needs it. This solution also restricts the share dilution effect,” says Mats Gabrielsson, chairman of Opcon AB and the company’s largest shareholder. “It’s a flexible solution that is better adapted to the company’s financing requirements going forward. It is positive in the long term for shareholders and means less administration than the convertible loan solution,” adds Mats Gabrielsson. Over a number of years, Opcon AB (“Opcon”) has refined its business to focus on energy and environmental technology, building a strong platform for growth in its Renewable Energy and Engine Efficiency business areas. Major resources have been channelled into developing new technology for waste heat recovery, either in the bioenergy sector or for electricity generation via Opcon Powerbox. The value of this technology is expected to rise as energy prices acrossPDF Image | Opcon secures SEK 250 million equity line of credit for investment in renewable energy and improved energy efficiency
PDF Search Title:
Opcon secures SEK 250 million equity line of credit for investment in renewable energy and improved energy efficiencyOriginal File Name Searched:
01_Opcon_AB.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
| CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP |