Corvus Energy Inc. has completed a new 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″]12.23 million in two closings from Norsk Hydro ASA, Statoil Technology Invest, BW Group, BC family offices and US investors.[/mepr-active]
In November 2017, Norsk Hydro ASA (OSLO: NHY) acquired a 25.9% stake in Corvus Energy for $[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″]7.5[/mepr-active] million.
Richmond, BC based Corvus Energy provides high power energy storage in the form of modular lithium ion battery systems. Its purpose-built, field-proven battery systems provide sustained power to hybrid and all-electric heavy industrial equipment, including large marine propulsion drives.
photo credit: Corvus Energy