A123Systems Raises $69 Million in New Round of Private Financing; GE Increases Ownership to More than 10%, Director of GE Global Research to Join Board
Green Car Congress
APRIL 13, 2009
GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. Mark Little, GE’s Senior Vice President and Director GE Global Research, will join A123Systems’ board of directors. We’ve accelerated our plans to expand our US manufacturing. Earlier post.) Earlier post.)
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