I cant believe it’s been so long since I posted a green piece;
Since a hedge fund bought into Chrysler and gave the proceeds to Zapp Electric Cars, or did they?.. I thought I was homing in on the alternatives alternative.
Well in my archives there is lot’s, I will post links to all 4 websites tomorrow (remind me), but heres a start;
Alternative investment manager, the Blackstone Group, has launched a new business group focused on investments in the cleantech energy sector and will provide advice on renewable energy strategies across Blackstone’s asset base.
The team is being led by James D. Kiggen, who has joined the firm’s Corporate Private Equity group as a Senior Managing Director. Also joining as Principals from AllianceBernstein are Walter C. Vester and Richard L. Troyer.
“Jamie and his team’s understanding of rapidly evolving technology applications in solar and wind power generation, carbon sequestration, next generation ethanol, and other renewables will be a key input in Blackstone’s investment decisions.” Garrett Moran, Senior Managing Director of The Blackstone Group, said, “We look forward to working with the new team across both conventional energy investments and new developments, including those at our portfolio company Sithe Global Power, as well as several other sizeable investments that we are currently evaluating.”
