Thursday, June 23, 2005

New Energy Capital Raises $30 Million in Financing

Project finance fund New Energy Capital announces $30M funding, $15M from CalSTRS and $15M from Vantage Point. Click here for Live Power News’ write up of the announcement. Adding to Mark McFadden’s article, it’s great to see NEC’s progress. The team is solid, and it also provides the much needed project finance component of the Clean Technology equation.


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