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Nostromo secures a $9.1 million equity investment
Nostromo secures a $9.1 million equity investment by Migdal and Freepoint Commodities. The two investors are highly committed to renewables and energy storage. The investment will support Nostromo's growth in the US.
Yahoo! finance
11 Nov 2021
News Direct
November 11, 2021·3 min read
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NOST.TA
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The two investors are highly committed to renewables and energy storage. The investment will support Nostromo's growth in the US.
Tel Aviv, Israel --News Direct-- Nostromo Energy Limited
Nostromo Energy Ltd. (TASE: NOST), provider of sustainable energy storage solutions to commercial and industrial buildings, based on its proprietary IceBrick™ technology, announced today a $9.1M equity financing by Migdal Group, one of the largest financial groups in Israel, investing approximately $7M, and another $2M by Freepoint Commodities, a Stamford, CT based commodities and energy trading company and developer of renewable energy projects. Read more