« How Well Do You Know Europe? | Main | Austrian Mashup Enabler On A Roll With New Money »
January 31, 2007
Fuel Cellco P21 Adds Goldman Sachs
Last May we wrote that P21 GmbH was looking to raise about €10M and an announcement today says it has completed the financing round, although the amount was not disclosed. P21's Series C financing round, meant to fund its growth and international product roll-out plans, attracted new lead investor Goldman Sachs, London which joined existing investors Target Partners, Munich and Conduit Ventures Ltd., London.
Its fuel cells are targeted at the telco industry for power backup and supply.
The a:c euro notes this is the latest in a trend that sees the world largest investment banks participating in the financing of all sizes of privately owned alt energy companies. Follow the link(s) below.
Read - US Cleantech Funds Invest In Euro Alt Energy (a:c euro)
Posted on January 31, 2007 12:08 PM | Posted to Alternative Energy | News And Updates | Permalink
Trackback Pings
TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/3064
