Canadian mezzanine firm Crown Capital Partners provided a C$20 million debenture to Genalta Power Inc., a clean electricity generation company providing waste energy to power applications. The financing will go toward the company’s continued expansion. The privately-owned, Calgary, Alberta-based Genalta also obtained mezzanine debt financing in May, 2012.
Crown Capital Partners Inc. Announces Transaction with Genalta Power Inc.
January 9, 2013 – Crown Capital Partners Inc. has provided a $20 million debenture to Genalta Power Inc. for the continued expansion of its facilities.
Genalta is a Canadian based, clean electricity generation company providing waste energy to power applications. Genalta is able to capture waste energy from sources such as Waste Heat, Waste Liquid Pressure, Waste Gas Pressure, and Waste Gas, resulting in the creation of cost-effective and environmentally responsible electricity.
For more information on Genalta Power, please visit www.genaltapower.com.
Crown Capital Partners was founded in 2000 and is a national investment manager with offices in Calgary and Toronto. Crown Capital Partners provides alternative debt financing for private equity backed and non-sponsored middle market transactions across Canada. Please visit www.crowncapital.ca or contact Chris Johnson at 416.640.6715 or Brent Hughes at 403.539.9569 for additional details.
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