Morgan Stanley Takes Stake in Cleantech Firm NGEN
Calling its investment “the first by a major Wall Street firm in a clean technology venture firm”, Investment Bank Morgan Stanley has taken a stake in the Cleantech sector by aligning with NGEN Partners which has invested in SolFocus, Konarka, Solaria and Tioga Energy; electric vehicles startup Venture Vehicles; carbon capture company Powerspan; and green concrete maker Hycrete. (read full story at: earth2tech.com)
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Morgan Stanley Takes Stake in Cleantech Firm NGEN
Calling its investment “the first by a major Wall Street firm in a clean technology venture firm”, Investment Bank Morgan Stanley has taken a stake in the Cleantech sector by aligning with NGEN Partners which has invested in SolFocus, Konarka, Solaria and Tioga Energy; electric vehicles startup Venture Vehicles; carbon capture company Powerspan; and green concrete maker Hycrete. (read full story at: earth2tech.com)
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