Clean Wave Ventures starts $100M cleantech fund, focuses on Midwest
They may not receive as much attention as flashy Silicon Valley types, but Midwestern VCs would like you to know that, yes, they too are serious about investing in cleantech. The latest to join the fray are Rick Kieser and Scott Prince, whose Cincinnati, Ohio-based Clean Wave Ventures is in the midst of raising $100 million for its first cleantech fund.
The fund will focus on four main areas of investment: water, energy, transportation and materials…. Continue Reading
Iberdrola commits $8B investment to U.S. cleantech sector
Spanish utility and renewable heavyweight Iberdrola has revealed that it will invest a hefty $8 billion in the American cleantech sector over the next 3 years. Though it plans on focusing most of its investment activities in the U.S.’s burgeoning wind sector, it also hopes to gain a foothold in the country’s other clean energy markets.
Iberdrola chairman Ignacio Sanchez Galan said he considers the U.S., with its growing interest in renewable energy and ideally flat… Continue Reading