September 27, 2007
ThermoEnergy gets financing for Worcester acquistion
By Christina Davis
ThermoEnergy Corp., an Arkansas-based company with operations in Hudson, has obtained $1 million of convertible debt from existing shareholders.
The million dollars comes on the heels of a previously announced $3 million private placement.
The financing has enabled ThermoEnergy to acquire a controlling interest in CASTionCorp. of Worcester.
ThermoEnergy was founded in 1998. The company has offices in New York, as well as Arkansas and Hudson.
The million dollars comes on the heels of a previously announced $3 million private placement.
The financing has enabled ThermoEnergy to acquire a controlling interest in CASTionCorp. of Worcester.
ThermoEnergy was founded in 1998. The company has offices in New York, as well as Arkansas and Hudson.
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