Tecogen Gets $500K

Tecogen, a Waltham, MA-based provider of natural-gas-fueled, engine-driven combined heat and power systems, nabbed a $500,000 investment from Southern California Gas, SoCalGas announced today.The deal comes as a strategic addition to SoCalGas’ cleantech portfolio. Tecogen, whose systems provide electric power or cooling while heat from the engine is recovered and used at a facility, originally dates back to the 1960s. It was spun out by Thermo Electron (now Thermo Fisher Scientific) in 1987 and was sold to a group of private investors in 2000 when the Thermo Power entity it became part of dissolved, according to the Tecogen website.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.