TITLE

Gas Turbines Get Financial Breath of Fresh Air

AUTHOR(S)
Moresco, Justin
PUB. DATE
March 2008
SOURCE
Red Herring;3/19/2008, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the first round of venture founding by Advanced Power Projects. The funding was led by Bay Partners and Sequoia Capital. The Fremont, California-based company is planning to use the proceeds, which is more than $10 million, to commercialize a technology that promises to make generating electricity from natural gas cheaper and cleaner. The company's product reduces the amount of gas needed to produce the same amount of electricity by up to 25 percent.
ACCESSION #
36876200

 

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