A developer of cow manure-to-natural gas facilities financed by tax-exempt debt is continuing to negotiate with bondholders as it attempts to keep its business afloat, according to a news release announcing its third-quarter results.

Environmental Power Corp. reported that it had $1.1 million of unrestricted cash on hand at Sept. 30, and “continues to aggressively pursue capital for a number of sources” and that it’s success at raising capital will help determine “whether it will be able to continue as a going concern.”

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