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Renewable Energy and Power Completes Restructuring and Secures New Funding
Mar. 29, 2017 09:35AM PST
Cleantech InvestingRenewable Energy and Power (OTC PINK: RBNW) announce that the Company has completed capital restructuring and is now prepared to move the company forward. A commitment from an institutional investor for new equity capital has been obtained. As quoted in the press release: “The company is pleased that this new funding will allow RBNW to …
Renewable Energy and Power (OTC PINK: RBNW) announce that the Company has completed capital restructuring and is now prepared to move the company forward. A commitment from an institutional investor for new equity capital has been obtained.
As quoted in the press release:
“The company is pleased that this new funding will allow RBNW to stock more inventory in its distribution centers nationwide to meet the needs of its customers on a timely basis,” said CEO Donald MacIntyre. “The Company will also be increasing its dedicated sales force with the new funding. Installation and on-going maintenance at the lowest possible price gives our customers the easiest, most effective means for upgrading their lighting and power needs. Altogether, the changes will lower costs and increase profit margins.”
Click here for the full press release.
Source: www.marketwired.com
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