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The following content is a news release distributed by Business Wire. The original news release may be found here.

Utility Global Raises $53 Million of Ongoing Series C Financing

Distributed by Business Wire25 Sep 2024

HOUSTON--(BUSINESS WIRE)--Utility Global, the off-gas-to-value company pioneering its proprietary eXERO™ gas production technology optimized for hard-to-abate industries, today announced that it has raised $53 million of an ongoing Series C financing led by the OPG Pension Plan and joined by multinational steel company, ArcelorMittal S.A. (NYSE: MT), via its XCarb® Innovation Fund, alongside current investors Ara Partners and Aramco Ventures. This investment is part of Utility Global’s current...

Read the full news release here

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