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Follow on Google News | Financial Soultions: $100 million to be invested in Silicone Valley green companies.Venture fund company CMEA Capital announces its 3 year plan to invest $100 million into green businesses.
"The alternative energy sector is finally ready to take off," CMEA Founder and Managing Director Tom Baruch said in a statement at Financial Soultions disposal. "For the first time in history, environmentally friendly methods for producing energy like solar and wind power are becoming inexpensive," CMEA's portfolio company, A123, which makes lithium-ion batteries for the auto industry market, had a runaway success debut on Nasdaq recently, and has a market cap over $1.9 billion, a substantial investment option. One more of CMEA's prestigious investments is Solyndra, is constructing its 2nd factory in Fremont, California, shortly after the company earned $535 million loan guarantee from the U.S. government, as part of its economic stimulus program. Altogether, the venture fund company manages 7 funds on behalf of investments over $1 billion, Financial Soultions has learned. # # # Financial Soultions is a Boutique Investment Advisory Firm with very selective Corporate, Private and Institutional Clientèle who enjoy above average returns and service. End
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