Frontieras North America Secures $150M Equity Commitment from Global Emerging Markets
Summary
Production of FASCarbon, a metallurgical coke that serves as an injection replacement carbon for steel manufacturing or fuel for coal-fired plants that burns hotter and cleaner, with lower emissions. This West Virginia facility will utilize approximately 0.5% of the United States annual coal production.The combination of GEMs equity commitment, Frontieras signed offtake agreements and futures contracts, as well as the anticipated high margin to service debt ratios provides the foundation for Frontieras raising $850 million to complete its initial FASForm plant in West Virginia. Proven Track Record: With over raised from investors to date, Frontieras is already demonstrating strong investor confidence.Additional information can be found at https://invest.frontieras.com/GEM Global Yield LLC SCS ("GEM") is a $3.4 billion alternative investment group that manages a diverse set of investment vehicles focused on emerging markets across the world, having completed over 570 transactions in 70 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity profile, providing GEM and its partners with exposure to Small-Mid Cap Management Buyouts, Private Investments in Public Equities (PIPEs) and select venture investments.Frontieras North America is at the forefront of transforming the energy sector by developing innovative technologies that unlock the intrinsic value of abundant energy-rich resources, yielding hydrocarbons for energy and derivative products for chemical and agricultural uses. Frontieras is committed to delivering sustainable solutions that address critical global needs, including food, energy, clean water, and air.For more information on North America and its groundbreaking technologies, visit www.frontieras.com.