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Cleandesign Income Secures C$10M In Financing To Purchase Additional Hems Units

Feb 02, 2022over 3 years ago

Amount Raised

$10 Million

Toronto

Description

FirePower Capital (“FirePower”), Canada’s entrepreneurial lender, investor and M&A advisor, today announced the closing of a $10M credit facility for Toronto-based CleanDesign Income Corp. (“CleanDesign”).

Company Information

Company

Clean Design Income

Location

Toronto, Ontario, Canada

About

CleanDesign Income Corp. is a dividend-paying company. On an exclusive basis, CleanDesign acquires hybrid Energy Management Systems (hEMS) from CleanDesign Power Systems, a related company. These purchases are realized only when the equipment is installed on the oil and gas company’s or rig operator’s equipment and is fully operational. The equipment then becomes a cash-flowing asset generating monthly revenue for CleanDesign. For more information, please visit: www.cleandesignic.com

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