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CETY Enters Renewable Finance Business
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COSTA MESA, Calif., May 11, 2021 /PRNewswire/ Clean Energy Technologies, Inc. (OTCQB: CETY), announced today that it has established a wholly owned subsidiary called CETY Capital, a financing arm of CETY to fund captive renewable energy projects producing low carbon energy. CETY Capital will add flexibility to the capacity CETY offers its customers and fund projects utilizing its products and clean energy solutions.
CETY Capital provides an in-house financial arm supporting its sales and building new renewable energy facilities which management expects to improve profitability and margins.
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COSTA MESA, Calif., March 5, 2021 /PRNewswire/ Clean Energy Technologies, Inc. (OTCQB: CETY), a clean energy company focusing on products and solutions in the energy efficiency and environmental sustainability market, announced today CETY has received subscriptions under its offering under Regulation A+ in the aggregate amount of $2,570,000 at a price of $.08 per share.
Chief Executive Officer of CETY Kam Mahdi said We are grateful for the trust our new investors have in CETY. The new capital infusion should better enable us to execute our previously announced plans and goals for 2021 by accelerating key projects, enhancing supply chain, more rapidly fulfilling existing orders and building infrastructure for higher production volume.
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