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REF:

MP-Rev Turbine Technologies Power Gen

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Short Summary:

RTT uses patented proven tech smart waste recovery technology to generate power using excess gas pressure to drive turbines with no CO2 release. Well suited to remote locations and digital oilfield operations. Huge potential target market

Region:

North America

Country:

United States of America

Project Type:

Project Phase:

Deal Type:

Commercial Summary:

Product is proven technology to be revenue generating in very short time frame. Huge market, and RTT plan to capture significant share of the market for power solutions in remote O&G operations

Size and Structure of deal:

Seeking $3.5m for equity/convertible to to finalise product development and field trials in 2024

Minimum possible investment

3.34

USD – Millions

Maximum possible investment

4.56

USD – Millions

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Closing Date:

13 March 2024

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