Propel Fuels of Sacramento Receives $20-million Investment
February 11, 2010
by Tiffany Hsu (Los Angeles Times) Propel Fuels received $20 million in funding, the renewable-fuels retailer said. Along with a $12-million investment from Craton Equity Partners, Nth Power and @Ventures, the company received $8 million in debt financing. The funds will go toward expanding Propel’s network of Clean Fuel Points – alternative-fuel stations for clean vehicles – in California. READ MORE and MORE