26 November 2008, Private Equity Wire

Climate Change Capital Private Equity makes EUR10m 'smart grid' investment

Climate Change Capital Private Equity, manager of a EUR200m fund dedicated to clean technology, is making a EUR10m investment in Power Plus Communications, a German company that specialises in using broadband communications to develop smart grid solutions.

Climate Change Capital Private Equity will become the only institutional investor in Power Plus following this financing round and will take up seats on the board of the company, in which the management also hold a significant ownership stake.

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