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TECOGEN INC. COMPLETES PUBLIC OFFERING OF COMMON STOCK

 WALTHAM, Mass., Feb. 11 /PRNewswire / -- Tecogen Inc. (AMEX: TGN) announced today that it has completed a public offering of 4,312,500 shares of its common stock, including 562,500 shares sold pursuant to exercise by the underwriters of their over-allotment option, at a price of $9.00 per share. NatWest Securities Limited acted as lead manager, with Cazenove Inc. as co-manager.
 Tecogen Inc., to be renamed Thermo Power Corporation, subject to a shareholder vote at the company's annual meeting on March 11, manufactures, markets, and services natural gas engines for vehicular and stationary applications, marine engines, industrial refrigeration equipment, and natural gas-fueled commercial cooling and cogeneration systems. The company also conducts research and development on advanced systems for clean-coal combustion and other high-efficiency gas-fueled devices. Tecogen Inc. is a public subsidiary of Thermo Electron Corporation (NYSE: TMO)
 -0- 2/11/93
 /CONTACT: John N. Hatsopoulos of Tecogen, 617-622-1111/
 (TMO TGN)


CO: Tecogen Inc.; Thermo Electron Corporation ST: Massachusetts IN: SU: OFR

DH -- NE007 -- 5639 02/11/93 11:08 EST
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Publication:PR Newswire
Date:Feb 11, 1993
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