Friday, April 27, 2007

Nth Power Looks To Michigan

San Francisco-based venture capital firm Nth Power is in a deal to tap a Michigan for investment opportunities, according to NextEnergy, a Michigan non-profit alternative energy accelerator. NextEnergy said Thursday that will identify and cultivate alternative energy venture capital investment opportunities for Nth Power as part of a deal with the venture capital firm. Nth Power will also draw from funds from the Michigan 21st Century Investment Fund and the Venture Michigan Fund for the investments. Nth Power is an investor in emerging energy technology companies, and manages more than $450M.