California, United States [RenewableEnergyWorld.com] Ausra Inc., a provider of solar thermal energy systems for industrial processes and large-scale electricity generation, announced that it has received a US $25.5 million equity funding facility. Funds from the new equity facility will be used for Ausra to expand and accelerate its solar thermal energy equipment supply business.
Investors in this equity financing include Ausra’s founding investors, Silicon Valley-based Khosla Ventures and Kleiner Perkins Caufield & Byers. The round also includes the company’s newest international investors KERN Partners of Canada, Generation Investment Management, based in London and Starfish Ventures of Australia.
The investor group said that it has mutually committed these funds in support of Ausra’s solar thermal energy technology, experienced management team and global expansion.