Greentech Capital advises on largest Chinese investment in US companyGreentech Capital Advisors served as financial advisor on the largest investment by a Chinese corporation into a venture-capital funded, US-based company. It advised GreatPoint Energy, Inc., a US developer of coal gasification projects, on its $1.25 billion investment from China Wanxiang Holding Co., Ltd., a major China-based industrial conglomerate. The partnership included an investment commitment of over $420 million and a project equity and credit support partnership commitment of $830 million from Wanxiang Holding to GreatPoint Energy. |
LEIF: Venture capital investment in water technology bubbling upA report released today by the London Environmental Investment Forum reveals increasing venture capital investment activity in companies that are providing innovative water solutions to the oil and gas and mining industries. |
Insight Venture Partners leads $165M investment in Drilling InfoDrilling Info said March 5 that Insight Venture Partners is leading a $165 million equity investment in Drilling Info, the Austin-based data intelligence provider to the oil and gas industries. |
GlassPoint secures funding for solar Enhanced Oil RecoveryGlassPoint Solar, a provider of solar steam generators for enhanced oil recovery, has received $3.5 million in a financing round led by Chrysalix Energy Venture Capital. The funding will accelerate the commercialization of GlassPoint’s solar steam technology and will finance the deployment of a solar EOR demonstration plant in Bakersfield, Calif. |
Notable energy industry figure Matt Simmons dead at 67Matt R. Simmons, founder and former head of Simmons & Co. International, passed away from an apparent heart attack on Aug. 8 at his home in Maine. |
Heavy Oil: An Interactive DiscussionLearn from and ask questions to experts in all facets of the oil sands business. |
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