{"id":198089,"date":"2010-01-19T09:04:22","date_gmt":"2010-01-19T14:04:22","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=5635"},"modified":"2010-01-19T09:04:22","modified_gmt":"2010-01-19T14:04:22","slug":"siemens-invests-50-million-in-clean-tech-fund","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/198089","title":{"rendered":"Siemens Invests $50 Million in Clean Tech Fund"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><\/p>\n<p>Siemens Venture Capital has <a href=\"http:\/\/www.albawaba.com\/en\/countries\/UAE\/259612\">announced<\/a> that it will invest $50 million in the DB Masdar Clean Tech Fund, a joint collaboration between Deustche Bank Climate Change Advisors and Masdar.<\/p>\n<p>The fund, which raised a total of $265 million, will focus on late stage companies and expansion, environmental resources and energy and efficiency sectors, according to the release.<span id=\"more-5635\"><\/span><\/p>\n<p>The investment team will be based in Abu Dhabi, New York and London and is already looking at investment opportunities with an eye toward announcing new deals in the coming year. Other investors in the fund include the Japan Bank for International Cooperation, INPEX Corp., Nippon Oil Corporation the Development Bank of Japan and General Electric.<\/p>\n<p>Kevin Parker, global head of Deutsche Asset Management <a href=\"http:\/\/www.businessgreen.com\/business-green\/news\/2256320\/masdar-deutsche-bank-launch\">told businessGreen.com<\/a> that the scale of the fundraising and involvement of high-profile backers\u00a0<\/p>\n<blockquote>\n<p>demonstrates a profound confidence in climate change investing and in the joint DBCCA and Masdar investment team.<\/p>\n<\/blockquote>\n<p>Masdar already operates a $250 million clean tech fund, in which Siemens invested $25 million.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/GGC6WKLEpEg\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Siemens Venture Capital has announced that it will invest $50 million in the DB Masdar Clean Tech Fund, a joint collaboration between Deustche Bank Climate Change Advisors and Masdar. The fund, which raised a total of $265 million, will focus on late stage companies and expansion, environmental resources and energy and efficiency sectors, according to [&hellip;]<\/p>\n","protected":false},"author":854,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-198089","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/198089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/854"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=198089"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/198089\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=198089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=198089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=198089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}