Yes, George Soros the activist billionaire is still panning to invest in cleantech, a spokesman tells G.E.R. declining to provide more details as to how and when that could happen.
“Plans haven’t changed,” spokesman Michael Vachon tells us.
Back in October Soros announced that over the next decade he would invest up to $1 billion in cleantech. At the time it was unclear if Soros would invest via a new greentech-focused venture fund or through his excisting Soros Fund Management.
Is Soros close to announcing a first investment in the sector? Vachon declined to say.
What we know is that Soros will step-in as an early stage investor, backing companies that are profitable and make a contribution to solving the [climate change] problem.
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