Organization: Xantrex Technology Inc

Xantrex Technology’s financing tops $164 million

Privately held Xantrex Technology Inc has increased its capital investment to $164 million in the past 18 months, with a $58.5-million round of financing to accelerate R&D, increase manufacturing capacity and expand its markets. Vancouver-based Xantrex develops power electronic and control products for several markets that convert power from any source into power required by…