Google, BP, StatoilHydro invest in Solar Thermal firm

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Google, BP, StatoilHydro invest in Solar Thermal firm

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14th-May-2008, 09:55 AM

LMagic007

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Google, BP, StatoilHydro invest in Solar Thermal firm

Quote:

BrightSource gets $115 million in new funding

Google, BP, StatoilHydro invest in Solar Thermal firm

Quote:

NEW YORK (MarketWatch) -- BrightSource Energy, Inc., a specialist in harnessing the heat from the sun to create steam for electric power generation, on Wednesday said it closed a $115 million round of financing from a diverse group of blue-chip backers.

VantagePoint Venture Partners, the company's initial investor, played a major role in forming the syndicate, which includes companies ranging from

Google, BP, Chevron fund solar-thermal firm - MarketWatch

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Last edited by LMagic007; 14th-May-2008 at 09:57 AM.

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