News

CALGARY, Aug. 5, 2015 /CNW/ – Kineticor Resource Corp. (“Kineticor”) is pleased to announce the closing of an $80 million equity financing agreement with Harbert Power, LLC (“Harbert”) on behalf of its affiliate Harbert Power Fund V, LLC. This committed financing will be used to fund Kineticor’s current and future projects which are in various stages of development.

With this equity funding in place, Kineticor is well positioned to grow as the leader in decentralized power generation across Canada and can actively focus on the execution of its significant pipeline of projects under development. Kineticor has assembled a strong management team with significant experience in developing, owning, and operating power projects across Canada, which is now further augmented by Harbert’s extensive industry experience across North America.

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