Parker, CO – According to filings with the U.S. Securities and Exchange Commission, Cascata Energy is raising $12,000,000.00 in new funding. Sources indicate as part of senior management President, Alan Forbes played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Cascata Energy
Cascata Energy, an affiliate and licensee of IEP Technology Inc. (IEPT), owns the exclusive rights to IEPTs patented, innovative Hydrogen Fuel Cells (HFCs) for use in, but not limited to, wastewater treatment, concurrent production of fresh water and clean, base load electrical power. The HFCs utilize solid oxide fuel cell technology that, through an electrochemical reaction with natural gas, results in clean, highly efficient, economic and sustainable source of electrical and high temperature thermal energy and water production. The HFC Process has been developed by IEPT and has obtained comprehensive patent protection with the issuance of three patents in the United States and Canada and has two patents pending. The in-ground pre-field demonstration testing began in October 2014 and was successfully completed in March 2015.

To learn more about Cascata Energy, visit http://www.cascataenergy.com/

Contact:
Alan Forbes, President
303-792-0055
https://www.linkedin.com/in/al-forbes-0a4935/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved