U.K. Pledges 100 Million Pounds for Energy Investment Funds

Bloomberg: Deputy Prime Minister Nick Clegg will pledge 100 million pounds ($156 million) for two investment funds that seek to back renewable and energy efficient projects. The government will channel the money through Equitix and Sustainable Development Capital, two funds that will aim to attract foreign investment to nurture clean and renewable energy companies. Clegg will also welcome the creation of the world's first food-grade plastic bottle recycling plant in east London and the expansion of Spain's...

URL: http://www.bloomberg.com/news/2012-08-05/u-k-pledges-100-million-pounds-for-energy-investment-funds.html