1. Beacon Power Hires Investment Bank for Project Financing

    Beacon Power Hires Investment Bank for Project Financing
    The immediate objective will be to identify and secure project financing for Beacon's 20 MW flywheel frequency regulation plant, planned for construction in Hazle Township, Pennsylvania. In addition, Group Robinson will assist Beacon in developing one or more lease or build-operate-transfer (BOT) structures for use in marketing turnkey flywheel plants in non-U.S. locations.
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