07 Dec '11, 3pm

Clean Energy Gets 1 Trillionth Investment Dollar

Clean Energy Gets 1 Trillionth Investment Dollar

Rhodia Energy secured the Brazilian real equivalent of $60.5m in debt for the 77MW expansion of its biomass co-generation plant in Paraiso; China Huadian Corporation financed a 48MW wind farm in Fujian province; Marena Renovables Capital obtained debt from the Inter-American Development Bank towards the development of the 396MW La Ventosa wind farm in Mexico; and the Moroccan Agency for Solar Energy got debt financing for the development of phase one of the 125MW Ouarzazate solar thermal project. In venture capital and private equity, electric vehicle specialist Fisker Automotive of the US landed $58m in the first tranche of a funding round. On public markets, biodiesel maker Petrotec of Germany raised the euro equivalent of $11m in cash and kind, via a rights issue.

Full article: http://cleantechnica.com/2011/12/07/clean-energy-gets-1-t...

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