Nexterra Completes Fourth Round Equity Financing of $3.8 Million Led by ARC Financial Corp.

    VANCOUVER, Aug. 27 /CNW/ - Nexterra Energy Corp. (
announced today that it has completed a $3.8 million fourth round of equity
financing. The financing was led by ARC Financial Corp. ("ARC") of Calgary,
Alberta. This brings ARC's total investment in Nexterra to over $20 million.
ARC is Canada's largest investment management firm focused on the energy
    "Over the past year, Nexterra has firmly established itself as a leader
in biomass gasification and we are pleased to lead this fourth round of
financing," said Peter Tertzakian, Chief Energy Economist & Managing Director
of ARC. "The company has developed an impressive track record of
accomplishments and continues to be a very strong clean tech investment
opportunity for ARC."
    "We are very pleased with ARC's continued financial support for
Nexterra," said Jonathan Rhone, president and CEO of Nexterra. "It is a strong
vote of confidence and will allow us to continue to execute our business

    About Nexterra Energy Corp. - Nexterra Energy is a leading developer and
supplier of advanced gasification systems that enable customers to
self-generate clean, low cost heat and/or power using waste fuels "inside-the
fence" at industrial and institutional facilities. Nexterra gasification
systems provide a unique combination of attributes including design
simplicity, reliability, versatility, ultra-low emissions, low cost and full
automation to provide customers with a superior value proposition compared to
conventional solutions. Nexterra is a private company based in Vancouver, BC,
Canada. For more information, visit our website at

    About ARC Financial Corp. - ARC Financial Corp. is a private,
energy-focused investment management company based in Calgary, Alberta. ARC
manages private equity funds representing $2.7 Billion in committed capital
that are focused on high growth, early stage companies in the following
sectors of the energy industry: Canadian and International conventional oil
and gas exploration and production, oilfield service, energy infrastructure,
power generation and emerging sources of supply such as oilsands,
unconventional gas and renewables. Since its inception in 1989, ARC has made
investments of over $1.5 Billion in more than 150 early stage energy
companies. For more information please visit

For further information:

For further information: Nexterra Energy Corp., Raymond McAllister,
Director of Communications, Tel: (604) 637-2507, Email:; ARC Financial Corp., Peter Tertzakian, Chief Energy
Economist & Managing Director, Nexterra Energy Corp. Director, Tel: (403)
292-0809, Email:

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Nexterra Systems Corp.

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