GasTechno Energy & Fuels (USA) LLC (GEF) has initiated a $1.5 million Series B financing round under a Regulation D 506c convertible note offering on Dealmaker.tech. This fundraising aims to bolster GEF’s efforts to list on the New York Stock Exchange (NYSE) in 2025. The funds will enhance its production capabilities for low-carbon transportation fuels derived from its unique Mini-GTL methane-to-methanol conversion plants. Future plans include a substantial $400 million equity raise and a $130 million green bond offering, managed by Mast Capital Advisors, to support the NYSE listing and nationwide infrastructure expansion. GEF’s CEO, Walter Breidenstein, highlighted the surprisingly efficient and profitable nature of their technology, which operates profitably without relying on tax policies and Renewable Identification Numbers (RINS). The company has already secured a 36-acre site in Northern Michigan for its operations, positioning itself as a frontrunner in the green energy sector. Legal support is provided by Winston & Strawn LLP and Anthony, Linder & Cacomanolis, PLLC.

Energy, Finance, Technology,United States

https://www.einpresswire.com/article/724987917/gastechno-launches-1-5-million-series-b-financing-on-dealmaker-platform?ref=rss&code=TBZPx1kIfwj9TStk