Urban Green Energy Lands $20,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3de94cb8-5ddf-462d-9b66-9ef4159eecf0
Date
8/9/2013
Company Name
Urban Green Energy
Mailing Address
330 W 38th Street New York, NY 10018
Company Description
UGE Telecoms (a division of Urban Green Energy) is a leading global energy service provider, focused on delivering energy more reliably and affordably to network tower operators and tower owners around the world.
Website
http://www.ugetelecoms.com
Transaction Type
Venture Equity
Transaction Amount
$20,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Financing will greatly accelerate the deployment of UGE’s Levelized Energy Agreement Program (“LEAP”), UGE’s offering for telecom firms looking to lower the cost of powering towers in developing countries and remote regions.
M&A Terms
Venture Investor
Tamra-Tacoma Capital Partners