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| Home : Smart Pipe Company, Inc. Announces US$12.0 Million Financing Round With an US$8.0 Million Investment From Enbridge Inc. |
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Sep 05
2013 |
Smart Pipe Company, Inc. Announces US$12.0 Million Financing Round With an US$8.0 Million Investment From Enbridge Inc. |
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KATY, TEXAS--(Marketwired - Sept. 5, 2013) - Smart Pipe Company, Inc. the developer of the high pressure, self-monitoring internal pipeline replacement system, announced it has secured an additional US$12.0 million financing round with an US$8.0 million investment from a subsidiary of Enbridge Inc. (TSX:ENB) (NYSE:ENB), a leader in the safe and reliable delivery of energy in North America. The funds will be used to accelerate the commercialization of the company's XPL-300® series system. |
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| Source:http://www.marketwire.com/mw/release.do?id=1827644&sourceType=3 |
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