Clean Tech Private Equity Firm Reaches & Exceeds $1 Billion Target for Clean Tech Fund!
Hudson Clean Energy Partners (HCEP) set a $1 billion target for its first fund, a new clean energy investment fund, and just announced this week that it has reached its target despite the difficult economic conditions worldwide.
Led by two industry veterans with much individual success, HCEP is looking to help spur and capitalize on a great global push for clean tech and clean energy (including renewable power, alternative fuels, energy efficiency and storage). The firm seems to show a lot of faith in solar power technology, in particular.
Depending on how you look at it, Obama’s meeting with Brazil’s President Luiz Inacio Lula da Silva this past weekend could be interpreted as either a first step toward cooperating on biofuel trade or a missed opportunity to protect the Amazon rain forest.
