Loraxian Secures $50 Million

Alternative energy company Loraxian announced it has raised $50 million in Series B financing from Treasure Union Limited.

Loraxian is a Toronto-based firm that specializes in sustainable energy infrastructure project development, with a focus on southeast Asia and North America. It develops, constructs, finances, and operates building and energy infrastructure assets.

Loraxian will use a portion of the new funds to acquire key technologies necessary for its infrastructure projects.