First Reserve earmarks $780 mln for alt energy Date: Friday, March 30 @ 21:46:29 PDT Topic: Business News; Market Research
First Reserve Corp. positions itself in the mushrooming, world of private equity as an investor in energy firms tied to the massive oil, coal and gas business.
But now in its latest fund of $7.8 billion, ranked as the richest energy investment pool to date, the Greenwich, Conn.-based private equity firm set aside $780 million for investments in alternative energy.
