FlexEnergy Receives Equity Investment from Intervale Capital

FlexEnergy, Inc., a Portsmouth, New Hampshire-based maker of small natural gas turbines, received an equity investment from Intervale Capital.

The company intends to use the funds to expand its presence geographically and continue to broaden its product line.

FlexEnergy manufactures small natural gas turbines which provide low maintenance clean power and heat to customers globally, often in remote areas where the electrical grid can be unreliable, expensive or absent altogether. The turbines were developed over the course of two decades by Ingersoll Rand before being acquired by FlexEnergy in 2010.

FinSMEs

15/12/2014

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