Masdar ties up with Deutsche Bank for $700M fund
Masdar, Abu Dhabi’s cleantech investment fund, has partnered with Deutsche Bank to raise a $700 million fund, reports Green Light’s Michael Kanellos from San Francisco where he is attending the Cleantech Forum.
Masdar raised its first green-theme fund with Credit Suisse.
The Abu Dhabi fund has an ambitious investment plan that includes the construction of zero energy cities and the launch of an energy efficiency graduate program jointly with MIT.
Cleantech Forum: Masdar raising new fund… (Green Light via GreenTechMedia.com)
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