MTC receives $15 million investment from Aqua International Partners

“Aqua’s investment strategy is to capitalize on the rapid growth and development of the global water industry by providing a source of private equity finance to innovative companies, like MTC, with substantial revenue potential,” said John G. Sylvia of Aqua. “We discovered a unique opportunity to invest in a development stage company that provides inventive metering solutions for the global utility industry, and who has already positioned itself as one of the industry leaders.”

RAMSEY, Minn., Jan. 30, 2001 (PRNewswire) — Connexus Energy, the largest electric cooperative in Minnesota, reports 10,000 of its customers are without power this morning. The outages began last night following a heavy wet snowfall, which caused trees and branches to come in contact with power lines.

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