Saturday, March 25, 2006

Alternative energy attracting more investors

A perfect storm of high energy prices, government subsidies and renewed interest from Wall Street is boosting investment in alternative energy projects, fund managers and other experts said on Monday.

"This is the best time to think about energy technology whether you're a large equity fund, trying to get money for a company you're running or to make returns in the stock market," said Philip Deutch, managing partner of NGP Energy Technology Partners, a $150 million private equity investment fund at a conference on renewable energy.

( Full story here )

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