Friday, May 21, 2010

Solar Bright Raising Money

Solar power co BrightSource Energy raises $150m
Among the investors in this round is Alstom, which lost out to Siemens in its bid to buy Israel's Solel.
Merav Ankori20 May 10 18:54
BrightSource Energy, parent company of BrightSource Industries (Israel) (formerly Luz II) has raised $150 million in a fourth fund raising round.
BrightSource Energy was founded in Pctober 2006. It builds solar thermal power plants, and currently has contracts to build plants with a combined output of 2,610 megawatts in the US.

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