{"id":568556,"date":"2010-05-18T12:15:42","date_gmt":"2010-05-18T16:15:42","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=8254"},"modified":"2010-05-18T12:15:42","modified_gmt":"2010-05-18T16:15:42","slug":"carbon-cutting-solutions-provider-paragon-airheater-completes-recap","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/568556","title":{"rendered":"Carbon-Cutting Solutions Provider Paragon Airheater Completes Recap"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/cleantech.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Cleantech\" \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><\/p>\n<p>Cleantech-focused PE firm Arborview Capital has completed a recapitalization of Paragon Airheater Technologies, a provider of solutions that reduce fuel consumption and carbon emissions of fossil fuel-fired power plants. No financial terms were disclosed.<\/p>\n<p><span id=\"more-8254\"><\/span><\/p>\n<p>Other investors included SAIL Venture Partners and Huntington Capital, which also provided mezzanine financing for the transaction.<\/p>\n<p>Paragon&#8217;s technologies are poised to play a pivotal role as global economies, including (hopefully) the U.S. move ahead and price carbon in a bid to cut emissions.<\/p>\n<p>\u201cFollowing a year of record revenues, the Arborview transaction allows Paragon to continue its expansion plans to grow market share both domestically and internationally,&#8221; said Paragon co-founder Cannon Pearson,<a href=\"http:\/\/www.pehub.com\/71932\/paragon-airheater-technologies-gets-recapped\/\" > in a prepared statement<\/a>. He adds:\u00a0 &#8220;With an estimated $42 billion of investment expected in power plant upgrades over the next several years, the measurable efficiency gains and cost savings from Paragon\u2019s solutions should result in substantial growth in demand.\u201d<\/p>\n<p>Pharus Advisors and Gripen Capital Advisors acted as advisors to Paragon on the transaction.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/GDB2380oZXI\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cleantech-focused PE firm Arborview Capital has completed a recapitalization of Paragon Airheater Technologies, a provider of solutions that reduce fuel consumption and carbon emissions of fossil fuel-fired power plants. No financial terms were disclosed. Other investors included SAIL Venture Partners and Huntington Capital, which also provided mezzanine financing for the transaction. Paragon&#8217;s technologies are poised [&hellip;]<\/p>\n","protected":false},"author":2814,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-568556","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/568556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2814"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=568556"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/568556\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=568556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=568556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=568556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}