Thursday, July 14, 2011

SoCalGas Invests In Company

Southern California Gas Co., the subsidiary of Sempra Energy which provides natural gas to the Southern California market, said today that it has invested in Tecogen, a developer of natural gas heating and power products. Size of the investment were not disclosed. Tecogen's equipment uses natural gas to provide both heat and power to commercial and industrial facilities. SoCalGas specifically pinpointed the ability of Tecogen's technology to help meet California emissions standards, which the utility said is particularly important in Southern California. The investment will go to bring Tecogen's technology to market. Tecogen is based in Waltham, Mass. Southern California Gas also is an investor in Tecogen's residential equivalent, ClearEdge Power. More information »

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