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Carnegie to raise $2.5m for development
12-May-08
Written by Edited announcement
Wave Energy and Clean Tech developer, Carnegie Corporation Ltd will raise up to $2.5 million through a Private Placement.
Funds will allow the continuation of its commercial site selection and assessment process for its CETO Wave Energy Technology and the ongoing development of its emerging clean tech portfolio.
Carnegie Managing Director Dr Michael Ottaviano said, "We are undertaking this Placement to allow us to continue in-depth assessment of a number of sites identified nationally and internationally as being potentially suitable for commercial wave farm deployment and operation."
Article continues...
12-May-08
Written by Edited announcement
Wave Energy and Clean Tech developer, Carnegie Corporation Ltd will raise up to $2.5 million through a Private Placement.
Funds will allow the continuation of its commercial site selection and assessment process for its CETO Wave Energy Technology and the ongoing development of its emerging clean tech portfolio.
Carnegie Managing Director Dr Michael Ottaviano said, "We are undertaking this Placement to allow us to continue in-depth assessment of a number of sites identified nationally and internationally as being potentially suitable for commercial wave farm deployment and operation."
Article continues...
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