RenuTek has filed a notice of an exempt offering of securities to raise $10 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, RenuTek is raising up to $10,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, David Anthony 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 RenuTek
RenuTek is a renewable energy technology company. We develop vital 50-200 acre utility-scale solar projects in Africa and other developing countries. Over a billion people in Africa have little to no access to electricity. Considering that demand, it was clear to us that without intervention, coal or other fossil fuels would be put into place. Our mission is to help stop global warming with our solar projects. We don’t stop there. RenuTek is developing a revolutionary online subscription platform to sell Renewable Energy Certificates (RECs) from our projects to companies that want to offset their carbon footprint. On the sunniest continent in the world, Africa, over a billion people have little or no access to electricity. RenuTek is a renewable energy technology company focused on developing utility-scale (50 to 200 acre) solar projects in Africa and other developing countries. These projects have an outsized impact because they power necessities like health clinics and clean water, and at the same time provide power that would otherwise be generated from fossil fuels. The company is also helping fight global warming by building a groundbreaking subscription-based platform for consumers and businesses to directly participate in offsetting their carbon footprint. The company plans to launch the platform in stages throughout 2024.
To learn more about RenuTek, visit http://www.renutek.com/
Contact:
David Anthony, Chief Executive Officer
914-627-1145
https://www.linkedin.com/in/david-anthony-99685/
SOURCE: http://www.intelligence360.io
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