Waste-to-energy company EnerTech raises $42 million
EnerTech Environmental has attracted $42 million to build out facilities that turn human and industrial wastes into fuel.
The funding, announced on Monday, was co-led by Citi's Sustainable Development Investments (SDI) unit and Masdar Clean Tech Fund, which is financed in part by the Abu Dhabi Future Energy Company.
EnerTech Environmental's technology takes high-moisture biosolids, including sewage sludge or agricultural wastes, and treats it with heat and pressure to separate water from it.
What comes out the other end of its SlurryCarb process is water that is sent back to wastewater treatment plants and a solid which it … Read more