Greentech Advises PowerPHASE on its Growth Equity Capital Raise
June 16, 2017
PowerPHASE, LLC (“PowerPHASE” or the “Company”), a Jupiter, FL-based company that is a global leader in combustion turbine technologies with more than 100 patents pending globally, has closed the initial funding of a growth capital raise, led by Energy Impact Partners. By focusing on combustion turbine air efficiency, PowerPHASE has been able to unlock previously untapped potential from combustion turbine power plants, cost-effectively improving output, fuel efficiency, flexibility and performance. The Company has developed and commercialized an advanced modular gas turbine technology, TurboPHASE, which utilizes an air-injection system that increases the capacity and efficiency of gas-fired turbines.
Greentech acted as placement agent on PowerPHASE’s growth equity capital raise.
For additional information about this transaction, please contact:
+1 (212) 946-3362