Sauer Energy Inc. (SEI) has announced that that it has entered into a US$ 5 million Equity Line Agreement with the Illinois-based investment fund, St. George Investments, LLC (St. George) for the purchase of common stock. Sauer Energy will use the funding to manufacture its WindCharger turbines and continue production at Helix Wind, which it acquired in May.
Sauer Energy secures US$ 5 million equity line financing agreement
- Category: Company News