Hidori initial close reaches $300M
Earth Times reports that Hiroshi Development (HD), which aims to develop and operate renewable energy assets, announced an initial close of $300 million as part of its plan to raise $600 million in financing by the start of 2011. HD said it will concentrate on Fund II, which aims to finance renewable energy and commercial developments. HD also revealed plans to develop a 75 MGPY corn ethanol facility, which would start construction next year.
What do you think? Discuss this entry in the Green Investing Forum.