Thursday, March 27, 2008

GridPoint Appoints Energy Experts to Board of Advisors - Announces $15 Million Investment

WASHINGTON −− GridPoint Inc., a leading clean tech company whose smart grid platform benefits electric utilities, consumers and the environment, announced the appointment of new members to its board of advisors, including energy technology pioneer Robert N. Danziger, Chairman of the Midwest ISO Paul J. Feldman, former Deputy Secretary of Energy T.J. Glauthier, former CIA Director R. James Woolsey, and CERA Chairman and Pulitzer Prize winner Daniel Yergin. GridPoint also announced a strategic investment of $15 million by the Quercus Trust, a prominent investor in alternative energy companies. Since the company’s inception in November 2003, GridPoint has raised $102 million in equity capital. Link.