General Compression Closes First Tranche of Series B
General Compression, the Massachusetts-based renewable energy company, announced it has closed the first tranche of its $54.5 million Series B round. The company, founded in 2006, did not publicize other details of the financing. Already its first project, with GC investor ConocoPhillips, is underway. This recent round of funding was led by Toronto-based Northwater Capital Management, Inc. Other investors in General Compression include US Renewables Group, Duke Energy, and Serious Change L.P.
8 June 2011•2 mins read
