Noble Environmental Power files for $375M wind power IPO
Despite a rough market for IPOs — as evidenced by Real Goods Solar’s tough first day of trading yesterday — Noble Environmental Power, an Essex, Conn., wind power startup has filed plans to raise up to $375 million in an IPO
Its share sale will be underwritten by Lehman Brothers, JPMorgan and Credit Suisse; CPP Investment Board is a minority backer. Noble Environmental currently manages 282 MW; its wind farms are located in New York, Michigan,… Continue Reading
Natural language advertising coming: Peer39 receives $8.2M
When we broke the news of peer39’s initial $3 million funding in March, we reported that the company was working on a platform to use natural language processing for advertising. Less than six months later, we’ve learned that the startup has taken another $8.2 million.
The company, although trying to remain secretive, tells us it will soon be ready to launch. Peer39 combines semantic technologies with NLP to produce “groundbreaking algorithms that boost ROI for the… Continue Reading