Foley Hoag Congratulates its Client, Ze-gen for Recent Series B Financing
January 26, 2009
Foley Hoag congratulates its client Ze-gen, Inc., a renewable energy company focused on biomass gasification technology, for its recent Series B financing.
Ze-gen has developed commercially viable gasification technology for converting waste streams into synthesis gas. The infusion of capital, announced in The Boston Globe, will allow Ze-gen to deploy its technology commercially and to support the next generation of research and development.
Omar Zawawi Establishment (Omzest Group of Oman, a leading Middle East based global industrial conglomerate) through Waroz Holding Company led the financing, with existing investors, including Flagship Ventures, VantagePoint Venture Partners, and Massachusetts Technology Development Corporation also participating.
Foley Hoag’s Energy Technology & Renewables practice meets the needs of companies, investors, and lenders in every stage of development, serving companies that create, manufacture, and market advanced or renewable energy technologies. The group provides emerging-company clients with general corporate, finance and securities, trademark and patent prosecution, governmental strategies and employment advice. For companies already in growth mode, the group addresses issues involving energy regulatory and environmental compliance, project structuring and finance, public securities offerings, tax and real estate. Foley Hoag lawyers also advise companies at all stages on emerging issues pertaining to climate change.
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