leadf
logo-loader
viewEnerDynamic Hybrid Technologies

EnerDynamic Hybrid Technologies Corp forms $100M finance agreement to fund Puerto Rico Project

EnerDynamic Hybrid Technologies Corp. (TSXV:EHT) CEO John Gamble tells Proactive the Ontario-based firm has formed a second finance agreement with finance firm Brevet Capital. Gamble says Brevet will finance the company's Puerto Rico Project, funded by the Federal Emergency Management Agency and the Department of Housing and Urban Development. Gamble adds the $100 million project financing facility and an initial US$10 million drawdown will enable EHT to fulfill all the Housing Material orders that are currently being negotiated, which amount to 16,000 at present with an average price of US$130,000 per house, and pursue new orders.

Quick facts: EnerDynamic Hybrid Technologies

Price: 0.035 CAD

TSX-V:EHT
Market: TSX-V
Market Cap: $15.32 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

GlobeX Data close to finalizing a distribution deal in Canada for its...

GlobeX Data Ltd (CSE:SWIS) (OTCQB:SWISF) CEO Alain Ghiai caught up with Proactive to talk about how the group has reached the “final stages” of signing a distribution deal in Canada for its SekurSafe and Sekur solutions. Ghiai says the Toronto-based tech company's distribution deal is being...

14 hours, 40 minutes ago

2 min read