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General Electric to invest in green energy companies

October 26, 2009 @ 3:58 pm In Lithium Market News

General Electric Co., a major investor in wind- and solar-energy projects, plans to invest as a venture capitalist in emerging green technologies.

The news article is quoted as saying:

Since its first investment, in lithium-ion battery maker A123Systems Inc. in January 2006, the venture-capital group at GE Energy Financial Services has put $160 million into a portfolio of 20 companies focused on renewable energy, power-grid and energy-efficiency improvements, and, to a lesser extent, advanced oil and gas technologies

Click here to access the entire news article [1]


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[1] Click here to access the entire news article: http://online.wsj.com/article/SB10001424052970204884404574362430824153704.html

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