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California Clean Energy Fund
Jamais Cascio, 14 Mar 05

One of the better bits of fallout from recent energy troubles in California is the implementation of the California Clean Energy Fund, a $30 million investment fund to seed new companies focusing on clean renewable energy production. Profits from the investments would be fed back into the fund, which would otherwise operate as a non-profit organization. Three leading venture capital groups -- Nth Power, Draper Fisher Jurvetson and VantagePoint Venture Partners -- will manage the investments. More details at the SF Chronicle and Businesswire.

(Via GCC and Ken Novak)

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