$100m investment fund set up for renewable energy

August 11, 2010

Investment firm New Energy Capital Partners has established a new fund with the potential to invest $100 million in clean energy and technology projects.

The New Hampshire company has created the fund jointly with the CleanTech Alliance Fund, which is managed by Piper Jaffray Private Capital of Minneapolis, MN.

The fund managers said it would look to capitalize on cost-effective commercial technologies along with incentives available for renewable energy projects.