Solar systems firm HelioVolt nails down $77M VC funds

August 16, 2007 – HelioVolt Corp., a developer of CIGS thin-film solar products, says it has closed a $77 million round of Series B financing, co-led by private equity firm Paladin Capital Group and the Masdar Clean Tech Fund, a fund that leverages Abu Dhabi’s multibillion-dollar alternative energy initiative launched last year that pools commitments from the Abu Dhabi Future Energy Company, Credit Suisse, Cleantech International Ltd., and Siemens Venture Capital. Other participating investors included New Enterprise Associates, Sol


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