The new fund will not invest in development projects or equipment, but in companies that use technology to improve the operation of energy assets. Accordingly,
the fund's initial $19 million investment is in British Columbia-based energy software provider Aquilon SOftware Inc. Invenergy is providing $4 million with the rest coming from Goldman Sachs, Macquarie Group and previous investors.
(Source: Invenergy, Utility Dive, 13 Feb., 2017) Contact: Invenergy, Amy Francetic, Snr. VP New Ventures and Corporate Affairs, (312) 224-1400, http://invenergyllc.com;
Aquilon Software, (877) 810-8787, https://aquilonsoftware.com
More Low-Carbon Energy News Invenergy, Aquilon , Energfy Software,