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30 March 2011

Two funds managed by Sigefi Venture Gestion (SIPAREX) in conjunction with another fund managed by AMUNDI Private Equity Funds, invested €1.5 million in Enertime as of the 28th of February 2011.

This contribution will enable Enertime to manufacture its first Organic Rankine Cycle machines. Enertime’s innovation activity is entering into an industrial phase with a strong focus towards international markets,built around a promising technology.

The capital increase will also enable the company to reinforce Consulting and Engineering activities in renewable energies, in synergy with the cleantech innovation activity.