Saturday, September 22, 2007

Big Money Methane

GreatPoint Energy Inc., a Cambridge, Mass.-based developer of low-cost gasification technologies, has raised $100 million in Series C funding. Dow Chemical Co. and Citi Sustainable Development Investments led the funding and were joined by AES Corp., Suncor Energy and return backers Advanced Technology Ventures, DFJ, Kleiner Perkins Caufield & Byers and Khosla Ventures.