Ausra Secures US $60.6M in Funding

February 22, 2012 By admin Leave a Comment

Ausra Inc. announced that it has secured US $60.6 million in its latest preferred equity financing. Proceeds from Ausra’s financing will fund the company’s research and product development and commercial activities. These activities will include the completion of its 5-megawatt (MW) Kimberlina solar thermal power project near Bakersfield, California, the first power plant in North America to incorporate Ausra’s Compact Linear Fresnel Reflector (CLFR) solar collector and steam generation system.

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Ausra Secures US $60.6M in Funding

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