[pct-l] nPower PEG gets another round of financing

John Abela abela at johnabela.com
Mon Jan 16 20:14:29 CST 2012


Tremont Electric (the company that's been talking up - but never
actually producing - the "nPower PEG") published a news release this
morning that they secured another round of financing.

http://www.npowerpeg.com/index.php/blog/111-tremont-electric-holds-successful-new-round-of-fundraising

It starts off with: "Tremont Electric is pleased to announce a new
round of investment and loan financing that will take the company
through the launch of the new nPower PEG in spring of 2012"

I know some of you out there have been talking up the PEG for about
two years, so figured you might like to know about this latest update.



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