Thursday, October 25, 2007

UK group seeks Israeli cleantech investments

Globes reports that Vincent Tchenguiz, chairman of British trust fund manager Consensus Business Group, is seeking cleantech investment opportunities in Israel.

Consensus has a $500 million technology investment portfolio that targets renewable energy companies. Tchenguiz has reportedly said that he wants to become "the world's first cleantech billionaire."

Globes also reports that during a visit to Israel last week, Tchenguiz met Prime Minister Ehud Olmert, President Shimon Peres, and cleantech entrepreneurs.