ENER1 Raises $65M in Capital Though Sale of Notes
Green Car Congress
SEPTEMBER 3, 2010
Ener1 will use these funds along with its grant from the United States Department of Energy under the American Recovery and Reinvestment Act, for general operating expenditures and to help pursue its intended manufacturing plans to install 260 MW, or capacity for 11,000 electric. The first such installment is due on January 2011.
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