RE Company Gains Financial Footing

November 20, 2002 [SolarAccess.com] Solena Group, a provider of renewable energy technology, said it has raised US$10 million from an investment syndicate led by Montreal-based Hydro-Quebec CapiTech Inc. and Detroit-based Edison Development Corporation, a division of DTE Energy. Also participating in the round were OPG Ventures, Inc., a division of Ontario Power Generation, and CSL Properties Ltd, a diversified private equity fund with primary investors Canadian Steamship Lines and FedNav. Katalyst acted as investment banker to Solena in this transaction.

Author

  • Renewable Energy World's content team members help deliver the most comprehensive news coverage of the renewable energy industries. Based in the U.S., the UK, and South Africa, the team is comprised of editors from Clarion Energy's myriad of publications that cover the global energy industry.

Previous articleSouth American Group to Use Multi-Axis Wind Turbines
Next articleNew Zealand Host Sustainability Expo
Renewable Energy World's content team members help deliver the most comprehensive news coverage of the renewable energy industries. Based in the U.S., the UK, and South Africa, the team is comprised of editors from Clarion Energy's myriad of publications that cover the global energy industry.

No posts to display