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FeedsFarm.com > First Asset Renewable Power Flow-Through LP IV and First Asset Funds Inc.: First Asset Renewable Power Flow-Through LP IV Completes Initial Closing

First Asset Renewable Power Flow-Through LP IV and First Asset Funds Inc.: First Asset Renewable Power Flow-Through LP IV Completes Initial Closing

16th Nov 2006, 08:41 GMT

TORONTO, ONTARIO (MARKET WIRE) First Asset Funds Inc. is pleased to announce that First Asset Renewable Power Flow-Through LP IV (the "Partnership") has completed an initial closing of its public offering. The Partnership sold 909,160 units for gross proceeds of $9,091,600. The Partnership is offering up to 3.5 million units ($35 million) and a second and final closing will be held on December 1, 2006.

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