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Chevy Chase, MD (PRWEB) Could seventeen, 2010

Arborview Funds, a private expense company that provides expansion equity capital to emerging clean energy organizations, introduced nowadays that it has concluded a recapitalization of Paragon Airheater Systems, Inc. (Paragon), a foremost company of proprietary products and solutions that minimize gasoline use and carbon emissions in fossil gasoline-fired electricity era crops. Arborview was joined by SAIL Undertaking Associates and by Huntington Money, which also offered mezzanine financing for the transaction. With the closing of the transaction, Karl Khoury, Joseph Lipscomb, and Roger Ballentine of Arborview will join Paragons Board of Directors, together with Michael Hammons of SAIL.

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“Adhering to a yr of document revenues, the Arborview transaction allows Paragon to keep on its expansion strategies to develop marketplace share the two domestically and internationally. With an approximated $ 42 billion of expense anticipated in energy plant upgrades more than the following numerous many years, the measurable efficiency gains and cost savings from Paragons answers need to outcome in sizeable growth in desire,” said Cannon Pearson, co-founder and COO of Paragon. “With the fiscal and strategic assist of Arborview, the Organization will speed up the growth and delivery of our industry leading items and providers, making it possible for us to far better serve our buyers by driving enhanced thermal functionality and decreased carbon emissions for energy plant operators.

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With in excess of five,two hundred utility scale fossil fuel-fired electrical power vegetation throughout the world, coal, organic gas and oil presently account for the huge greater part of global power generation potential. In spite of the dramatic progress and expenditure in renewable resources of vitality, coal and other fossil fuels are anticipated to remain the largest resource of world-wide energy technology for the foreseeable long term.

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Electrical power plant performance is 1 of the most effortlessly achievable and least expensive expense approaches for right away enhancing plant efficiency and curtailing carbon emissions. Paragons proven suite of items and services makes it possible for owners of energy era property to minimize both the working charges and the carbon footprint of their energy vegetation. said Karl Khoury of Arborview. The Companys sturdy position in the electricity plant performance marketplace signifies a compelling opportunity to create a market place major platform.

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Power performance is a crucial area of emphasis for Arborview Capital as we carry on to construct a diversified portfolio of clean strength investments, stated Joe Lipscomb of Arborview. “Paragon matches squarely into our firms progress fairness expenditure method. We look for to spend in set up companies that have a powerful marketplace situation and outstanding natural and organic growth potential. We look ahead to operating with Paragons administration staff to carry on creating upon the Companys track record of good results.

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Pharus Advisors and Gripen Money Advisors acted as advisors to Paragon on the transaction.

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About Paragon&#thirteen

Paragon provides a proprietary suite of large functionality goods and related services that improve the fuel efficiency of fossil gasoline-fired power generation crops. Paragons high functionality goods are especially engineered to increase gasoline efficiency and lessen the emissions of pollutants whilst withstanding the harsh running problems normally encountered in the rotary, regenerative airheater. The quick advancement in airheater functionality supplies a compelling ROI for operators of energy technology property. Paragon has set up a wide presence in the power generation industry globally. For much more info, check out http://www.paragonairheater.com

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About Arborview Funds&#thirteen

Arborview Funds is a non-public expense firm that tends to make development equity investments in cleanse power organizations across the power effectiveness, renewable energy, and pollution mitigation sectors. The firm’s principals have invested in far more than 22 organizations above the earlier fifteen several years and have considerable knowledge partnering with entrepreneurs to construct market major companies. Additional info is obtainable at http://www.arborviewcapital.com.

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