Posted on: January 12, 2012 by cnolan
Semprius Inc., a developer of high concentration photovoltaic solar modules, has closed on $3 million in venture funding. Morgan Creek Capital Management; Illinois Emerging Technologies Fund, which is managed by IllinoisVENTURES; and In-Q-Tel contributed to the investment round. IllinoisVENTURES and In-Q-Tel are existing shareholders in the company. Funding will help the company expedite construction of a pilot plant to produce high-efficiency, low-cost solar modules, the company said.
Tags: Illinois Emerging Technologies Fund, IllinoisVENTURES, In-Q-Tel, Morgan Creek Capital Management, Semprius
Posted on: August 1, 2011 by cnolan
Investors including First Reserve Corp., WL Ross & Co., China Investment Corporation, Fairfax Financial Holdings, Morgan Creek Capital Management and PPM America Capital Partners are putting more than $600 million in equity into Diamond S Shipping, the company announced Monday. Additional debt funding will come from Nordea Bank Finland and DnB Nor Bank ASA. The money is being used to fund the acquisition of 30 medium-range refined product carriers to add to the company’s fleet of ten tankers under construction in Korean shipyards.
Tags: China Investment Corporation, Fairfax Financial Holdings, First Reserve Corp., Morgan Creek Capital Management, PPM America Capital Partners, WL Ross & Co
