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Martin Tobias musings...

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China Energy Recovery raises money

Posted on April 21, 2008

Thanks Sean for the link. 042108 - CER Financing - Final Draft.docSeems 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....

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Tags:
china , energy recovery
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