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Article: Altira Extends Its Leadership Role in Alternative Fuel Investing by Funding Transportable Nuclear Power Manufacturer Hyperion Power Generation.
- Article from:
- PR Newswire
- Article date:
- April 16, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DENVER, April 16 /PRNewswire/ -- Altira Group LLC -- the pioneer and leader in venture capital and private equity funding for energy technology companies -- announced today an investment in Hyperion Power Generation, Inc. (HPG), of Santa Fe, New Mexico. HPG is developing a new type of small, self-contained, transportable nuclear power reactor to produce heat, steam and electricity for a variety of commercial applications that require reliable power independent of the common grid.
Altira's investment in HPG was made out of the recently closed Altira Technology Fund V -- a $176 Million fund focused on venture capital for energy technologies.
Hyperion ...