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April 21, 2008
China Energy Recovery raises money
Thanks Sean for the link. CER Financing - Final Draft
Seems like if you have the words China and Energy in your name you can get money. This financing is about the size of a normal venture financing in the States, but it is notable in that it is the first outside China financing for this company. I also like the idea that China is the "saudi arabia of waste energy". There has got to be lots of opportunity to gain effeciencies in a country where it has been more important to build coal plants and grow than think about effeciency. I hope CER uses the money well.
Posted by Martin at April 21, 2008 1:37 PM
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