Linc Energy taking stake in aboveground gasification company; potential CTL introduction in US
Green Car Congress
MARCH 11, 2011
Under the terms of the deal: Linc Energy will invest US$6 million in cash into PowerHouse and grant certain rights to PowerHouse to use its FT gas to liquids technology for PowerHouse’s waste to energy applications. Linc Energy is also granted US$1m worth of fully paid ordinary share options at US$0.30
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