Cleantech and Venture Capital week in review

TerraForm Power Inc., a company formed to own and operate contracted clean power generation assets acquired from SunEdison (SUNE) and unaffiliated third parties, has filed for a $50 million IPO. It plans to trade on the Nasdaq under ticker symbol TERP, with Goldman Sachs, Barclays and Citi serving as joint bookrunners on the deal.TerraForm will operate as a "yield co", which is a way for solar … [Read more...]

Cleantech and Venture Capital week in review

Ambri, a maker of liquid-metal batteries for grid storage, has raised $35 million in Series C funding. KLP Enterprises, the family office of Karen Pritzker and Michael Vlock, and Swiss insurance agency Building Insurance Bern co-led the round, and were joined by return backers Khosla Ventures, Bill Gates and the venture capital arm of French energy company Total SA. … [Read more...]