M-TriGen, Inc has retained Challenge Group International, LLC. to raise up to $5 million to expand its national footprint. M-Trigen has developed revolutionary Micro Combined Cooling, Heating & Power ( MCCHP) equipment for both residential and light commercial markets as well as industrial applications. The combined heating, cooling and power generation market is expected to reach over $40 billion in market size by the year 2022 according to Pike research. The company is seeking to establish itself as a first to market mover and forge a leadership position in the trigeneration ( electricity, heating & cooling ) product segment and the distributive power segment and generate revenue from product sales, product leasing, and eventually from micro-grid power sales.
