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PEMEAS Fuel Cell Technologies receives $21.7M

Publication date: 16-April-2004
Source:  PEMEAS

Component Supplier Firm PEMEAS Fuel Cell Technologies Gets $21.7 Million

FRANKFURT, Germany - PEMEAS Fuel Cell Technologies, provider of membrane electrode assemblies (MEAs) for high temperature polymer electrolyte membrane (PEM) fuel cells, marketed under the brand name Celtec, has received $21.7 million in financing from an investment consortium led by Conduit Ventures. Sustainable Asset Management, CDP Capital and InfraServ GmbH & Co. also participated. Proceeds will be used in development.

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