ARTICLE
24 January 2013

GreatPoint Energy Tops The List Of Largest VC Deals In 2012

M
Mintz

Contributor

Mintz is a general practice, full-service Am Law 100 law firm with more than 600 attorneys. We are headquartered in Boston and have additional US offices in Los Angeles, Miami, New York City, San Diego, San Francisco, and Washington, DC, as well as an office in Toronto, Canada.
Greentech Media released their list of green technology’s largest venture capital deals for 2012, and GreatPoint Energy, a coal-to-natural-gas firm, is in first place.
China Energy and Natural Resources

Greentech Media released their list of green technology's largest venture capital deals for 2012, and GreatPoint Energy, a coal-to-natural-gas firm, is in first place. In March, GPE received a $1.25 billion investment from Wanxiang, China's largest maker of auto parts and a major supplier to Ford and General Motors. The investment is for a minority stake in GPE as part of a bigger deal concerning construction work in China. Fisker Automotive comes in second with $380 million from KPCB, NEA, Advanced Equities, et al. for a total of more than $1.2 billion. The two are followed by Sapphire Energy, Alarm.com, Harvest Power, and more, in a variety of industries and fields. For the full list, please see, "Top Ten Greentech VC Deals of 2012."

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