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People, money and deals: 23 – 27 Feb. 2009

handshakeFollow the money and appointments taking place in the cleantech sector this week:

  • The chairman of Canada’s BC Hydro, Mossadiq Umedaly, has joined Ventures West to help it raise money for a new $157.6 million (US) clean energy fund, Earth2Tech reports;
  • The Iowa Power Fund Board this week approved a $14.75 million (US) contract with POET to develop a commercial cellulosic ethanol plant in Emmetsburg, Iowa;
  • Ethanol firm Growth Energy this week named Tom Buis as its new CEO; Buis, formerly president of the National Farmers Union, also served as senior agriculture policy advisor to Democratic Senator Tom Daschle of South Dakota;
  • Venture capital investor Matt Horton has been brought on as the new CEO of biofuels firm Propel Fuels Inc.;
  • Earth2Tech reports that green building firm Green Wizard is seeking $4.5 million (US) to help develop a cost-comparison platform for building professionals seeking LEED certification;
  • Synthetic biology company Verdezyne has named Damien Perriman as its new vice president of business development;
  • Ze-gen, a provider of advanced gasification technology, this week named Mark Prendergast as vice president, controller;
  • Sage Electrochromics, which creates windows that change tint for energy efficiency, has secured $20 million in funding;
  • Financial management firm The Brenner Group has appointed Joseph A. Moran as vice president for its interim finance and accounting group focused on the cleantech industry.

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