|
The Funds focus on Massachusetts clean energy
companies allows its investors an opportunity to
capitalize on two emerging trends: the growing level
of investment interest in clean energy and the importance
of Massachusetts' academic and corporate R&D in
forming clean energy technology companies.
The Fund invests in Massachusetts-based renewable
energy companies able to achieve strong financial returns,
including solar photovoltaic power, wind power, biomass,
biofuels, fuel cells, landfill gas, low-impact hydro,
ocean and tidal power, energy storage, grid
information technologies, and other enabling
technologies that promote the expanded use of renewable
energy. The Fund will also consider investment in renewable
energy companies willing to relocate to Massachusetts
or having substantial operations based in the state.
The Fund works closely with the Massachusetts Renewable Energy
Trust, whose dual mission is to increase the state's
production and use of renewable and clean energy
and
to spur the development of the Massachusetts clean energy
sector.
|