• Most Popular
  • Most Shared

Credit Suisse to invest in renewable energy companies

NEW YORK
Thu Mar 27, 2008 10:27am EDT

NEW YORK (Reuters) - Credit Suisse and its clients will invest at least $300 million in renewable energy companies through Hudson Clean Energy Partners, the bank said on Thursday.

Stocks  |  Green Business  |  Mergers & Acquisitions  |  Global Markets  |  Private Capital

As part of the agreement, John Cavalier, a veteran energy banker currently leading Credit Suisse's renewable energy investment banking business, will join Hudson as a partner. Cavalier will join Neil Auerbach as co-managing partner of Hudson's investment business.

Prior to co-founding Hudson, Auerbach created and led Goldman Sachs Group's U.S. alternative energy investment business and managed over $3 billion in assets for the firm.

Daniel Gross and Joseph Slamm, former Goldman Alternative Energy partners, also launched Hudson.

(Reporting by Joseph A. Giannone; editing by John Wallace)
Stocks
Green Business
Mergers & Acquisitions
Global Markets
Private Capital


More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets