Greenbang logo

Amplio Partners readies new €50m fund

By jumperhead on Wednesday, 18th June 2008

money3.jpgGreenbang has heard bakers saying their years of pastry slinging puts them off actually eating the sweet treats and burger bar workers equally saying their time spent up to their elbows in grease has convinced them that they’d rather chew on their own elbow than knock back a cheeseburger.

Greenbang wonders if fund managers ever get bored of money? Feel a little queasy whenever they see coins in a busker’s hat? Prefer to use a primitive barter system when they pick up their Sunday papers?

If they do, then Amplio Partners could soon become jaded with the moolah. According to Citywire, Amplio Partners is looking for €50 million in the next few weeks to buy starts ups in “renewable energy, alternative fuels and recycling”.

Citywire quotes Amplio boss Riccardo Segat as saying Amplio Partners is on the hunt for companies that already have “an initial platform but needed additional technical and management expertise to achieve scale”.

Segat is also planning to plough his own cash into the green venture, as are the company’s partners – expected to invest €10 million between them.

Tags: , , , , ,

READERS COMMENTS - Have your say...




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

Additional comments powered by BackType


RELATED NEWS

LATEST HEADLINES

Carbon storage: Works in a lab, but what about real life? thumbnail

Carbon storage: Works in a lab, but what about real life?

European researchers are set to launch a new field laboratory this year to
What’s good for you isn’t good for the krill thumbnail

What’s good for you isn’t good for the krill

We all know that television commercials tend to, shall we say, accentuate the
Beware of vested interests bearing ‘gifts’ of academic studies thumbnail

Beware of vested interests bearing ‘gifts’ of academic studies

Say you’re feeling a bit blue and the feeling won’t go away. Would
Maldives president: We must find out who hacked climate emails thumbnail

Maldives president: We must find out who hacked climate emails

Maldivian President Mohamed Nasheed has two suggestions for the
In a post-consumer world, malls can become greenhouses thumbnail

In a post-consumer world, malls can become greenhouses

In a post-financial meltdown world, is there really any
London officials seek ways to emulate Europe’s greenest city thumbnail

London officials seek ways to emulate Europe’s greenest city

London officials today heard from an expert who offered