Xconomy Boston

Oak Leads $30M Investment in GreenVolts

Wade Roush9/22/08

Westport, CT-based Oak Investment Partners is the sole investor in a $30 million Series B venture round for San Francisco cleantech startup Greenvolts, the company announced today. Greenvolts is developing solar energy farms in which vast arrays of reflectors concentrate the sun’s rays on high-efficiency photovoltaic cells.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.

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