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AccessMyLibrary    Browse    G    Gasification News    JUN-08    Allied Resources Raises $53 Million to Fund Coal Gasification Projects.

Allied Resources Raises $53 Million to Fund Coal Gasification Projects.

Publication: Gasification News

Publication Date: 25-JUN-08
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COPYRIGHT 2008 Hart Energy Publishing, LP.

Allied Resource Corporation (Allied) announced the closing of a $53 million preferred growth equity financing with PCG Capital Partners on June 9. The company will use the proceeds to accelerate its activities in coal gasification with CO2 sequestration and waste lube oil recycling.

Pennsylvania-based Allied is a global technology-based...

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