Certarus completes private financing

Certarus Ltd., a compressed natural gas (CNG) solution provider, has closed a private round of financing, raising $[mepr-active rule=”374″ ifallowed=”hide”]Subscriber ONLY content: read our research and get insight on this and other deals. We offer monthly or yearly recurring or one-time trial subscriptions. Subscribe today and see what you have been missing! [/mepr-active][mepr-active rule=”374″]42.92 million from Canada and international investors. Burnet, Duckworth & Palmer LLP serves as Certarus’ legal counsel. [/mepr-active].

Certarus is a leader in providing a fully integrated compressed natural gas (CNG) solution for the North American commercial and industrial markets. The primary business is the creation of a “Virtual Natural Gas Pipeline” through the compression, transportation and integration of CNG for the energy services, mining, forestry and industrial sectors. The solutions target diesel and propane fuel displacement projects to lower operating costs and reduce environmental impact.

photo credit: Certarus