Soros Leads Investment in Plasco
March 23, 2011- Share:
Soros Fund Management has led a CAD140 million equity investment in Plasco Energy Group. Plasco builds, owns and operates proprietary technology that converts municipal solid waste into green power and other valuable products. The company plans to use the new capital to fund commercial projects in development in Canada, the U.S., the U.K., Poland, the Caribbean and China. Plasco is also backed by Ares Management.
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