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Jacob & Co. Securities Inc., a new, independent investment bank that provides underwriting and financial advisory services to companies in the renewable power and infrastructure sectors, has been launched. The firm, which is headquartered in Toronto, will primarily serve small- to mid-cap issuers worldwide, the company says.

According to Sasha Jacob, vice chairman and chief executive officer of Jacob & Co., Sierra Geothermal Power Corp. recently announced that it engaged the new firm as an agent in a private placement valued at $10 million.

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