ABB Backs GreenVolts
ABB Technology Ventures, the venture arm of power and automation technology group ABB, has put roughly $20 million into GreenVolts as part of a $35 million round for the California-based photovoltaic technology company. Existing investor Oak Investment Partners also contributed to the round. ABB said that it was taking a “substantial minority stake” in GreenVolts.
19 December 2011•2 mins read
