Green Business News: Plasco Secures $110 million Equity Placement Led by Ares Management

Plasco Secures $110 million Equity Placement Led by Ares Management
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newswire.ca on 28 July, 2010 04:00:00
 
OTTAWA, July 28 /CNW Telbec/ - Plasco Energy Group Inc. of Ottawa, a leading
company in the conversion of waste into renewable energy, today announced a
$110 million equity placement led by a $100 million commitment by Ares
Management LLC of Los Angeles, CA. This capital raise enables Plasco to