Solar Power Firm Cobol Technologies Raises $30 million from Pangea Capital

By Narsi Santhanam • May 6th, 2009 • Category: Uncategorized

Cobol Technologies, a solar power firm owned by Moser Baer, has raised $30 million (Rs 151 crore) from Pangea Capital. Bermuda-based Pangea is a mid-sized fund house with total assets under management in excess of $100 million. Cobol Technologies operates in the area of electricity generation and distribution and is currently setting up a 5 MW solar power project in Uttar Pradesh

Source: Cleantech

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Narasimhan (Narsi) has extensive experience in understanding renewable energy markets and strategic levers for success in these markets. His special focus has been his work on the Indian renewable energy industry. His work in the previous 15 years have spanned market and industry research, product management and international sales, and strategic consulting. see more http://www.eai.in/ref/team/ns.html

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