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BIG DEAL: Eguana Technologies Inc. closes $33 million Convertible Debenture Financing with Strategic Investment from ITOCHU Corporation

Sep 30, 2022

Big Deal - High FivesEguana Technologies Inc. (TSXV: EGT) (OTCQB: EGTYF), an Alberta-based designer and manufacturer of high-performance residential and commercial energy storage systems with two decades of experience delivering grid edge power electronics for fuel cell, photovoltaic, and battery applications, closed a $33 million convertible debenture financing with ITOCHU Corporation, one of the leading sogo shosha, which engages in domestic trading, import/export, and overseas trading of various products, with business investment in Japan and overseas. Fort Capital Partners acted as sole financial advisor to Eguana Technologies Inc. in connection with the financing.

Minden Gross LLP acted for Eguana Technologies Inc. with a team comprised of Andrew Elbaz (Partner), Alexander Katznelson (Associate), Michael Shafarenko (Associate), and Lynd Hutchison (Law Clerk) – Securities and Capital Markets Group.