US Waste to Energy Firm Blue Sphere Secures Nearly $2m

By Ben Messenger, Waste Management World.

Blue Sphere Corp. (OTCQB: BLSP) a waste to energy developer based in North Carolina, has closed on a private equity investment round with three of its current shareholders worth $1.925 million through the sale of common stock and warrants.

The company explained the Securities (Stocks and Warrents) were purchased at a price per share equal to the closing price for Blue Sphere's Common Stock as of February 12, 2016, or $0.055 per share.