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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.

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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

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