http://www.ft.com/cms/s/0/e3152aaa-6326-11de-b803-00144feabdc0.html


Masdar to launch clean-tech fund

By Andrew England in Abu Dhabi


Published: June 27 2009


Masdar, Abu Dhabi's renewable energy initiative, plans to launch a new clean-technology fund this year with capital of at least $250m as it seeks out investment opportunities created by the global economic turmoil.


Sultan al-Jaber, Masdar's chief executive, told the Financial Times that its existing $250m venture capital fund launched in late 2006 with Credit Suisse, Consensus Business Group and Siemens has already fully deployed its cash.


The new fund will be either the same size, or slightly larger, and will be launched in the fourth quarter, he said. He declined to name the new fund's partners....