Cleantech Investing: WorldWater & Power completes a recapitalization

Wednesday, August 03, 2005

WorldWater & Power completes a recapitalization

WorldWater & Power, which builds solar-powered water pumping systems and grid-tied solar farms, announced a $4.45M financing and recapitalization last week. The company is publicly traded over the counter (OTCBB: WWAT), but this private placement was led by a hedge fund, CAMOFI Master LDC. It's a tranched placement with certain performance conditions.

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Wednesday, August 03, 2005

WorldWater & Power completes a recapitalization

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