CMEA $500 mil Cleantech fund

From redherring, CMEA's $500 mil Cleantech fund

 

One more into the pool, and one more reason why this is starting to look like a mature industry.

 

But it seems to be a mature industry that's expanded too rapidly.  Folks are building out before companies are really ready for the next step.

 

And a lot of these businesses are guinea pigs, the first time that some funds have ever entered the industry.  So it'll be a learning experience for them.  And it's not just the partner, but the partnership that needs to learn about how things work, which regulations are applicable, what goes on in D.C. and what happens at the state capital.

 

Navigate all these things, and you might succeed.  Right now, in truth, we don't have the smash hit fuel cell company.  we don't have an out of the park hydrogen company.

 

Maybe it'll be next quarter.  Maybe a little longer.

 

Can't tell, but these folks do believe it's coming soon.  Soon enough that they're setting up a fund to take advantage of the timing.

 

I just don't know anymore