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Alkaline Fuel Cell Power Corp. Announces Convertible Note Financing

Alkaline Fuel Cell Power Corp. Announces Convertible Note Financing

03/14/23, 4:12 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgvancouver
Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“PWWR” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to announce a convertible note (the “Convertible Note”) financing in an aggregate amount of up to C$1 million (the “Financing”).

Company Info

Company
Alkaline Fuel Cell Power
Location
vancouver, washington, united states
Additional Info
PWWR is a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech. We bring ‘Power to the People’ today, combining a stable revenue stream with a future-forward vision to commercialize our advanced hydrogen fuel cell technology to meet the massive global market need, and ultimately generate compelling returns for investors. PWWR operates through two global entities: Fuel Cell Power, and PWWR Flow Streams (“PWWR Flow”), an PWWR brand in Canada. Fuel Cell Power is focused on the development, production and commercialization of micro-combined heat and power (“micro-CHP”) systems based on advanced alkaline fuel cell technology that generates zero CO2. Fuel Cell Power is working through milestones to deliver a commercialized alkaline fuel cell in 2024. PWWR Flow is focused on the development, ownership and operations of combined heat and power (“CHP”) assets. PWWR Flow assets deliver efficiency improvements of over 20% with reduced costs to customers in multi-residential and commercial applications. PWWR Flow has contracted existing CHP assets in Toronto, Canada, and has an additional pipeline of potential contracts valued at over $50 million currently in development. PWWR is well positioned to deliver ‘Power to the People’ in the global energy transition while offering a diversified cleantech growth platform for investors.

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