In Minnesota, Warburg Pincus announced that it will invest up to $355 million in First Green Partners, a newly formed early-stage venture capital company.
First Green will, in turn, invest in early-stage companies that focus on developing methods of converting renewable carbon, such as non-food biomass and carbon dioxide to fuels and chemicals, and applications of clean or green technologies in the conventional energy or industrial process, otherwise known as green-black technologies.
To read the full, original article click on this link: Warburg Pincus, First Green Partners form new $355M venture capital group for biofuels, renewable chemicals and green-black technologies : Biofuels Digest
