Free VCJ Story On Cleantech Startups In Need of Project Finance
The latest issue of Venture Capital Journal is out and I’ve got a free story for non-subscribers. Entitled “Project financiers now on speed dial,” the story looks at how cleantech companies have been squeezed by the economic downturn and credit crunch. A lot of these venture-backed companies, like solar companies and biofuel makers, need big investments to scale up. And they can’t go back to their VCs because – except for a handful of new cleantech growth funds – most venture firms just can’t write checks of that size. This is where project financiers like John Buehler of Energy Investors Funds come in. After Buehler recently put $60 million into a $160 million debt and equity round for Solar Power Partners
3 November 2008•1 min read
