Terra-Gen Power Lands $55,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30ec95ec-7f33-46e3-8a1b-3e04dab51529&Preview=1 -
Date
5/24/2011 -
Company Name
Terra-Gen Power -
Mailing Address
1095 Avenue of the Americas 25th Floor New York, NY 10036 -
Company Description
Terra-Gen Power is a renewable energy company focused on geothermal, wind and solar generation. Terra-Gen Power owns 1,131 MW (net equity) in twenty-one operating renewable energy projects across the Western United States. -
Website
http://www.terra-genpower.com -
Transaction Type
Venture Equity -
Transaction Amount
$55,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The Google investment, alongside money from Citibank, will support Phase IV of the so-called Alta Wind Energy Center. -
M&A Terms
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Venture Investor
Google Ventures
