Kensington invests $5 mln in PE-backed Genalta Power

Calgary-based Genalta Power Inc, a company focused on converting waste energy into power applications, has secured $5 million in funding from Kensington Power Income Fund. This is the first investment made by the Kensington fund, managed by Toronto-based Kensington Capital Partners to invest in small distributed generation power facilities that provide electricity from clean technologies. Genalta has been a portfolio company of Canadian specialty investment firm Crown Capital Partners since late 2012.

29 October 2013•2 mins read
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