Press release states, “Mission Motors, a developer of cutting-edge electric vehicle technology, today announced that it had closed on a $9.0 million dollar Series B financing round led by Warburg Pincus, a leading global private equity firm. Warburg Pincus is making an initial investment of $7.5 million in the company and Infield Capital is following [...]
EnerNOC Enters into Agreement to Acquire Global Energy Partners
According to EnerNOC’s press release, “EnerNOC, Inc. (NASDAQ: ENOC) today announced that it has entered into a definitive agreement to acquire Global Energy Partners, an industry leader in designing and implementing utility energy efficiency and demand response programs. Through this acquisition, EnerNOC will expand its addressable market and will be able to deliver a broader, [...]
Boston-Power Announces $60 Million in Growth Capital
According to the press release, “Boston-Power, Inc., the rapidly growing provider of next-generation Lithium-ion batteries, today announced $60 million in Series E funding co-led by existing investors Foundation Asset Management (FAM) and Oak Investment Partners. Current investors Venrock and Gabriel Venture Partners are also participating. Among the world’s most well-financed companies in energy storage and [...]
Better Place Secures $350 Million Series B Round led by HSBC Group
According to the press release, “Almost two years to the day after announcing its first car partnership and its first country deployment in Israel, Better Place today announced that it has signed an agreement with an HSBC led investor consortium for new equity financing of $350 million. The deal marks one of the largest clean [...]
DB Masdar Clean Tech Fund completes first close
According to the Masdar Press Release, “Masdar and Deutsche Bank today announced the launch of the DB Masdar Clean Tech Fund and its first closing, raising $265 million. This fund brings together for the first time the deep sector knowledge and scope of the Masdar Initiatives with the global asset management and research capabilities of [...]
Silver Spring Networks Announces $100 Million Financing
According to the Press Release, “Silver Spring Networks, a leading Smart Grid solutions provider, today announced the closing of a $100 million preferred equity round. The financing will be used for development of new smart grid applications, job growth and the continued expansion of Silver Spring’s global footprint. “We have a terrific opportunity to accelerate [...]
Venture Capitalism goes Eco
With the green markets across the world hopefully nearly exploding, many investors are aiming to get their piece of the pie before it is too expensive to purchase. With general interest being incredibly high, and the large level of both governmental and individual interest in eco-friendly markets, it seems as though a clean tech boom [...]
Vivienne Cox to chair Climate Change Capital
According to the Press Release, “Vivienne Cox, the former Executive Vice-President and CEO of BP Alternative Energy, is to become the chairman of Climate Change Capital, the investment manager and advisory group, it was announced today. Ms Cox, who became a non-executive director of Climate Change Capital in May last year, said: ”Climate Change Capital [...]