03 February 2010, Reuters

Exclusive: CPE invests 10 mln eur in Norwegian solar firm

Article by Nina Chestney

Climate Change Capital Private Equity (CPE) has invested 10 million euros ($14.01 million) in Norwegian solar company Metallkraft AS through a convertible bond issue, the fund told Reuters on Wednesday.

CPE is a 200-million euro fund which invests in clean technology companies. It subscribed for 85 million Norwegian krones (10.3 million euros) out of the 140 million krones total convertible bond issue along with existing shareholders and other undisclosd investors.

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