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September 20, 2019

Hydrostor Secures Financing to Complete Australia’s First Compressed Air Storage Facility

Canada’s Hydrostor has closed US$37 million in growth financing. The company plans to use the funding to complete construction of the 5 MW/10 MWh Angas Project in South Australia and to advance its 2 GW pipeline of large-scale advanced compressed air energy storage projects.

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