Blue Sphere Announces Receipt of a Signed Commitment to Provide $7.5 Million in Equity Financing in Respect of Its 5.2 MW Organics to Energy Project in NC
Blue Sphere Corp. (the "Company" or "Blue Sphere"), a company in the Cleantech sector as an organics-to-energy and clean energy project integrator, is pleased to announce that it has received a signed term sheet from a leading environmental finance fund (the "Fund"), to provide $7.5 million in equity financing for its Charlotte, North Carolina project. The Charlotte project is a 5.2 MW organics-to-energy anaerobic digester, which will utilize food waste to produce electricity. Blue Sphere has counter-signed and accepted the...
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