New York, United States [RenewableEnergyWorld.com] Hudson Clean Energy Partners, a private equity firm that invests in the renewable energy market and Credit Suisse announced that they have reached an agreement in principle for Credit Suisse, together with its clients and affiliates, to commit at least US $300 million to make principal investments in the renewable energy sector through Hudson.
“We are excited about making this strategic investment in Hudson and believe there is a real untapped opportunity in this attractive asset class. The Hudson team brings deep industry experience and an extraordinary investment track record. Offering Hudson Credit Suisse’s expertise in developed and emerging markets, alternative investments, and renewable energy investment banking, as well as deal flow, adds a significant dimension,” said Brian Finn, Chairman of Alternative Investments at Credit Suisse.
Details about what types of projects Credit Suisse will invest in has not been disclosed.