Kanin Energy has filed a notice of an exempt offering of securities to raise $60 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Kanin Energy is raising up to $60,000,000.00 in new funding. The federal securities law requires the notice to be filed by...
According to filings with the U.S. Securities and Exchange Commission, Kanin Energy is raising up to $60,000,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Kanin Energy
Kanin Energy is a clean energy developer that helps heavy industry optimize energy use and decarbonize operations through behind-the-meter generation and emissions-reduction projects. The company is a technology-agnostic, turnkey Waste Heat to Power project developer that develops, finances, constructs, operates, and maintains energy projects, allowing industrial partners to focus on their core businesses. Its solutions convert industrial waste heat into clean baseload electricity and include combined heat and power systems and on-site power solutions for data centers. Kanin serves industries including natural gas, cement, metals, refineries, chemicals, data centers, biomass, glass, food and beverage, pulp and paper, consumer products, and pharmaceuticals. The company states that its projects can reduce energy costs and carbon emissions, improve reliability, and become operational within 1824 months, while its Energy-as-a-Service model can eliminate customers upfront capital requirements. Kanins notable activities include a first-of-its-kind waste-heat-to-electricity initiative for the University of Dayton, a 2025 credit facility from PaceZero Capital Partners to advance projects across North America, and recognition of its CEO among CPA Albertas 2023 Achievement Award winners.
To learn more, visit https://kaninenergy.com/
LinkedIn: https://www.linkedin.com/company/kaninenergy/
Contact:
Janice Tran, Chief Executive Officer
https://www.linkedin.com/in/janicetran/
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