This Week's i3 Activity
May 24, 2013
Better Place: "Better Place is rumored to be filing for bankruptcy in the next few days."
Real Goods Solar received $9,250,000 from an undisclosed investor
The company expects to receive net proceeds of approximately $8.4 million, after paying placement agent fees and estimated offering expenses. The offering is expected to close no later than June 5, 2013.
4Energy received $10,600,000 from British Gas, Carbon Trust, Environmental Technologies Fund (ETF), and Catapult Venture Managers
The capital will be used to build out 4Energy's operations in Europe, China, India, Africa and North America.
Benefuel and Flint Hills Resources have formed a Joint Venture
The two companies have formed a joint venture to develop biodiesel projects.
Universtar is currently seeking funding.
May 23, 2013
Lyft received $60,000,000 from Andreessen Horowitz
The funds will be used to expand both in the U.S. and internationally.
Electricity Storage Association and Solar Energy Industry Association (SEIA) have formed a Development Partnership
The SEIA and the Electricity Storage Association formed a partnership to help grow solar developments and the deployment of grid-scale energy storage.
Martifer Solar and Gauss Energia became Project Development partners 30 MW
Martifer Solar is building a 30 MW solar photovoltaic plant in Baja California Sur, Mexico for Gauss Energia.
Highview Power Storage and Messer Group have formed a Development Partnership
Highview has teamed up with Messer to help develop liquefied air technology.
IES LED was acquired by PowerSecure for $1,900,000
The transaction value is an estimate based on the aggregate value given for three simultaneous M&A transactions made by PowerSecure.
