CPE invests 10 mln eur in Norwegian solar firm
REUTERS - Climate Change Capital Private Equity (CPE) has invested 10 million euros ($14.01 million) in Norwegian solar company Metallkraft AS through a convertible bond issue, the fund told Reuters on Wednesday.
CPE is a 200-million euro fund which invests
in clean technology companies. It subscribed for 85 million Norwegian
krones (10.3 million euros) out of the 140 million krones total
convertible bond issue along with existing shareholders and other
undisclosd investors. The fund told Reuters last week that it was set to lead a multi-million euro investment in the solar industry imminently.
