According to filings with the U.S. Securities and Exchange Commission, Proteum Energy is raising $6,000,000.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Laurence Tree played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Proteum Energy
Proteum Energy provides the hydrogen industry a low-cost, low-carbon pathway to establishing the hydrogen supply foundation essential to driving the adoption and growth of the hydrogen economy. By leveraging current energy infrastructure with known, proven technology in a unique proprietary system, Proteum provides an immediate strategy for establishing widely distributed low-cost hydrogen. The proprietary Proteum Energy technology can also produce a designer fuel fine-tuned to meet the designated Methane Number or Wobbe Index to optimize engine or turbine performance and minimize NOx emissions, making the system an ideal in-line gas to power system capable of blending H2 for the growing number of hydrogen ready turbines. Further hydrogen production and fuel efficiencies are derived from waste heat recovery systems. Each Proteum modular base system has the capability to produce as much hydrogen as a 20MW electrolyzer. More modules can readily be added for additional production requirements.

To learn more about Proteum Energy, visit http://www.proteumenergy.com/

Contact:
Laurence Tree, President and Chief Executive Officer
602-457-8490
https://www.linkedin.com/in/larrytree/

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