Monday, 27 April 2015
Last updated 5 hours ago
Feb 2 2009 | 9:01am ET
Abu Dhabi’s Masdar Clean Tech Fund and Japan’s SBI Holdings may invest up to $300 million in Japanese alternative energy start-ups through their newly established joint investment fund, Reuters reports.
Masdar and SBI have each contributed $10 million to create the fund, which will invest in “early stage investments in prominent alternative energy-related companies in Japan.” Each firm would receive around $2 million.
SBI officials said they were in talks with Masdar to increase investment to $200 million to $300 million, once the first $20 million fund has been used.
The Masdar initiative of the Abu Dhabi government aims to develop and commercialize clean energy technologies.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…