Empire Diversified Energy Closes $40 Million Financing To Commission Recycling Plant In West Virginia
Amount Raised
$40 Million
Round Type
Funding Round
FollansbeeManufacturingEnergyInvestors
Description
Empire Diversified Energy, Inc. (OTC Pink: MPIR) (the "Company") announced today that its wholly owned subsidiary, Empire Green Generation, LLC, has closed on its financing of forty million dollars ($40,000,000) through the sale of Solid Waste Disposal Facilities Revenue Bonds (Empire Green Generation, LLC Project) Series 2023 with the West Virginia Economic Development Authority. This financing will be used to complete the construction of the recycling plant at the Company's riverfront complex of the 'Port of West Virginia' in Follansbee, West Virginia (the "Port").
Quick answer
Empire Diversified Energy raised $40 Million in a Funding Round round, dated June 8, 2023. Investors: West Virginia Economic Development Authority, Empire Green Generation, LLC and Empire Diversified Energy. Empire Diversified Energy is based in Follansbee, West Virginia, United States.
- How much did Empire Diversified Energy raise?
- Empire Diversified Energy raised $40 Million in a Funding Round round on June 8, 2023.
- Who invested in Empire Diversified Energy?
- West Virginia Economic Development Authority, Empire Green Generation, LLC and Empire Diversified Energy are named as investors in this round.
- What does Empire Diversified Energy do?
- Empire Diversified Energy, Inc. is a multifaceted holding company with business units in the sustainable energy and logistics sector.
- Where is Empire Diversified Energy based and how big is it?
- Empire Diversified Energy is based in Follansbee, West Virginia, United States.
- Who are the decision-makers at Empire Diversified Energy?
- Fundz holds 1 contact at Empire Diversified Energy, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Manufacturing around the same time
Companies in the same sectors as Empire Diversified Energy that raised within 45 days of this round, from Fundz verified event records.
- Nel Hydrogen raised an undisclosed amount (Funding Round) on July 10, 2023.
- SkyCool Systems raised $6.1M on July 6, 2023.
- Avaada Group raised an undisclosed amount (Funding Round) on June 30, 2023.
- Ascent Solar Technologies raised $900K (Seed) on June 29, 2023.
- Carbon Recycling International raised an undisclosed amount (Funding Round) on June 27, 2023.
- Greenlyte Carbon Technology raised $4.9M (Seed) on June 27, 2023.
Who to call at Empire Diversified Energy, and when
A new round usually means Empire Diversified Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Empire Diversified Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Empire Diversified Energy, from your own LinkedIn network
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