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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Saturday, January 24, 2009

Abu Dhabi's Masdar and SBI Holdings Inc may Invest $300 Million in Japanese Alternative Energy

UAE fund to invest in Japan renewable energy firms
Reuters - USA
TOKYO, Jan 23 (Reuters) - Abu Dhabi's Masdar, a clean energy venture, and Japan's SBI Holdings Inc (8473.T) may invest up to $300 million in Japanese alternative energy start-ups through a joint investment fund, SBI said on Friday.

Masdar's investment vehicle, the Masdar Clean Tech Fund, and SBI have agreed to each put up $10 million to create a first fund to invest in firms involved in solar, wind and other alternative energy, SBI officials said. ...

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