Spain's GED invests 6m euros in energy sector

GED private equity firm acquired 60% in Total Eurobusiness company, with operations on the segment of energy cogeneration projects, through a 6m-euro capital increase. GED's total investments in the company will reach 12m euros in the following years. "The energy sector has a high development potential, supported on one hand by European funds, and also by the high number of projects in the public and private fields," Anca Ionescu, manager of GED's Romanian office, told ZF.

Source: zf - 27 August 2009