Energy exchange bites the dust

Site runs out of steam and sells up...

NEWS Altra Energy Technologies has sold of its last business unit to ChemConnect and will close operations by the end of this week. The company has bee operational since 1996 bit started to suffer with the emergence of big competitors including EnronOnline. In its life time, Altra managed to raise $85m in funding. Last year, AMR was tipped Altra as one of the world's top twenty exchanges.

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