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Open Energy Corporation Raises Venture Capital

Friday, October 10, 2008 5:46:00 AM PDT | VentureDeal Staff

Solana Beach, California  --  Renewable energy company Open Energy Corporation has secured $4.7 million in a new round of venture capital financing.

Open Energy is developing a portfolio of technologies to help lower the cost of delivering electricity, fresh water and other commodities on a global basis.

The Quercus Trust made the investment. The company did not disclose how it would use the funding proceeds.

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