Venture Capital and Cleantech weekly update

01 Venture Capital and Cleantech weekly update

Skyline Innovations, a Washington, D.C.-based provider of commercial-scale solar-powered water heating systems to businesses and the public sector, has raised $1 million from Advantage Capital Partners. The funds, raised in connection with the Washington DC’s Certified Capital Company (CAPCO) Program, will enable the company’s continued expansion in the D.C. area. The CAPCO program encourages the flow of investment capital to promising small businesses located in the District. The companies, in turn, develop innovative technologies and services, create jobs and increase economic activity.

Photovoltaic project developer Isolux Corsán has received a €500 M ($613 M) investment from Canada’s Public Sector Pension Investment Board for its subsidiary Isolux Infrastructure. A statement released by the company said the investment would strengthen its core business areas in toll roads, high-voltage power lines, and photovoltaic electricity generation.

Eos Energy Storage secured $1,250,000 in new financing round from undisclosed investors. The New York-based company develops  low-cost energy storage solutions for the electric utility and transportation industries.

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