Commonwealth Fusion Systems Raises Another USD 1 Billion in Equity
Commonwealth Fusion Systems (CFS) has closed another USD 1 billion in equity financing from a varied group of investors, according to Power Magazine.
The company said on July 30 that the money supports its continuing work toward operating a commercial fusion energy power plant, Power Magazine reported.
The raise adds to earlier equity backing for the developer, which Power Magazine describes as still working toward commercial operation rather than delivering it.
Source: powermag.com (opens in a new tab)1 sourcePermalink