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Venchurs CNG aggressively prices 6.2L CNG conversions

Green Car Congress

Venchurs Vehicle Systems, a Qualified Vehicle Modifier of CNG conversions for Ford Motor Company, will offer 6.2L F-250 and F-350 CNG conversions (bi-fuel and dedicated) with a 23.5GGE system utilizing the new 3M tank, all priced at $8,350. The company says this is the industry leading price point for such as system.

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PHEV conversion company Echo Automotive completes $3M financing, joins CALSTART

Green Car Congress

a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing. The terms of this note include conversion features at $0.55

Financing 218
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Omnitek Engineering completes $5M placement; financing to facilitate diesel to natural gas truck engine conversion sales

Green Car Congress

Omnitek Engineering Corporation, a developer of natural gas engines and diesel-to-natural gas conversion systems, has entered into a definitive agreement with investors for a private placement of common stock and warrants to raise approximately $5.0 and warrants to a group of investors at an exercise price of $3.88, with a five-year term.

Financing 236
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Elon Musk’s new financing efforts on hold amid Twitter deal uncertainties: report

Teslarati

Elon Musk’s efforts to secure new financing that will limit his cash contribution for his planned acquisition of social media platform Twitter has reportedly been put on hold. This financing is reportedly designed to further reduce Musk’s cash contribution for Twitter’s buyout.

Financing 144
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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

Green Car Congress

Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The plant will be located at the site of the retired Sunbury coal-fired power plant near Shamokin Dam in Snyder County, Pennsylvania.

Coal 150
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Nesscap completes US$1M convertible note financing

Green Car Congress

The offering constituted the second tranche of the bridge financing previously announced on 8 April 2014. The Note has a maturity date of 1 April 2015; the conversion price is CAD 0.10 Ultracapacitor company Nesscap Energy Inc. has completed a non-brokered private placement of a US $1,000,000 Convertible Note with I2BF Energy.

Financing 186
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CO2-to-chemicals company Liquid Light raises $15M Series B financing; process scale-up and application validation

Green Car Congress

Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. New investors include Sustainable Conversion Ventures, which focuses on renewable fuels and chemicals investments.

Financing 218