Centurion Commits to Blue Sphere

Centurion Private Equity, an affiliate of Roswell Capital Partners, has committed to invest up to $20 million in Blue Sphere (OTCBB: BLSP). Over the next 36 months, Blue Sphere may periodically sell up to an aggregate of $20 million of its common stock to Centurion. Blue Sphere develops projects for greenhouse gas emission reduction and renewable energy production.