Cleantech people, money and deals: 9 - 13 Feb. 2009
Want to know which cleantech companies announced new financing plans or brought on new execs this past week? Here are some highlights:
- Carbon asset management firm First Climate has added two new executives to its team. Irene Hsieh will over see carbon investment advisory services, while James Heath will be in charge of carbon offset project origination;
- PeoplesBank this week announced $2.5 million (US) in financing to help Holyoke Gas & Electric Company improve the efficiency of a hydroelectric generator;
- China’s Nanchang New Century Investment has received about $8.8 million (US) of the $44.1 million it’s been alloted by the Jiangxi government for its first term, the Cleantech Group reports;
- Renewable energy company Solarvest this week announced it had received a $1.9 million (US) Atlantic Innovation Fund award;
- Clearview Acquisitions Inc. has closed on its purchase of Helix Wind Inc., which manufactures and sells small wind turbines;
- Greater Pacific Capital of London announced this week that it intends to create a $750 million (US) fund for investing in alternative energy, robotics and other projects in China and India;
- Kansas-based Crescent Oil Company, a fuel supplier for hundreds of gas stations in the Midwest, this week filed for bankruptcy. The company had previously entered into joint venture to develop supply stations with ethanol-based fuel, and officials say that effort will continue despite the filing.
