Utility global raises $53 million of ongoing series c financing

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.
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