{"id":297643,"date":"2010-02-09T11:25:02","date_gmt":"2010-02-09T16:25:02","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=6196"},"modified":"2010-02-09T11:25:02","modified_gmt":"2010-02-09T16:25:02","slug":"paul-allen-backed-solar-company-to-raise-75m-in-equity-financing","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/297643","title":{"rendered":"Paul Allen-Backed Solar Company To Raise $75M in Equity Financing"},"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\" \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/solar.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Solar\" \/><\/p>\n<p>Infinia, a Kennewick, Wash.-based developer of solar power technology, that includes Paul Allen as an investor, seeks to raise $75 million of equity financing to scale production so it can go commercial by June of this year.<span id=\"more-6196\"><\/span><\/p>\n<p><a href=\"http:\/\/www.altassets.com\/private-equity-news\/article\/nz17879.html\" >AltAssets, citing a regulatory filing<\/a>,\u00a0reports that the company has already raised $11.5 million.<\/p>\n<p>Participating in this funding round are Texas-based Equus Total Return, a closed-end fund that trades on the New York Stock Exchange, as well as Power Play Energy, a\u00a0Connecticut-based green energy-focused private equity fund and GLG Partners, a\u00a0 hedge fund manager based in London.<\/p>\n<p>Besides Paul Allen&#8217;s Vulcan Capital,\u00a0Infinia\u2019s Website also lists Bill Gross&#8217;s IdeaLab as an investor.<\/p>\n<p>Infinia has developed a dish-like devise, which uses curved glass mirrors that act as solar concentrator, collecting solar energy that then power a reciprocating solar Stirling engine, to generates electricity.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/Tqddw3tIn60\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infinia, a Kennewick, Wash.-based developer of solar power technology, that includes Paul Allen as an investor, seeks to raise $75 million of equity financing to scale production so it can go commercial by June of this year. AltAssets, citing a regulatory filing,\u00a0reports that the company has already raised $11.5 million. Participating in this funding round [&hellip;]<\/p>\n","protected":false},"author":2814,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-297643","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/297643","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\/2814"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=297643"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/297643\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=297643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=297643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=297643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}