Tremont Electric holds successful new round of fundraising

Created on Monday, 16 January 2012 19:24

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.

 "Clean energy off the grid is one step closer to reality," said CEO & Founder Aaron LeMieux.  "Our investors have redoubled their support for kinetic energy technology, and the newer & more powerful version of the nPower® PEG.  We look forward to delivering clean electricity off the grid to anyone who needs it this spring."

The financing complements Tremont Electric's new partnership with Delta Systems, Inc., an Ohio-based contract manufacturer with nearly 40 years experience in design, logistics, manufacturing and quality control.