Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Wermuth Fund Buys Into Electric-Car Service Provider in Germany – Bloomberg

Wermuth Asset Management GmbH’s Green Gateway Fund bought a stake in German electric-car services company The Mobility House to tap rising demand for cleaner vehicles in Europe.
Green Gateway, which helps companies market their technologies in eastern Europe, will hold a minority share, Wermuth senior fund partner Casper Heijsteeg said today by phone. Green Gateway’s investments are typically 5 million euros ($6.7 million) to 25 million euros, according to Wermuth.
Wermuth, based in Mainz, Germany, is investing in electric- car services as European governments promote low-emissions transport. There were 114,000 electric vehicles sold globally in 2012, according to preliminary estimates from Bloomberg New Energy Finance. That compares with about 51,000 sold a year earlier, data from the London-based researcher show.
More http://mobile.bloomberg.com/news/2013-02-15/wermuth-fund-buys-into-electric-car-service-provider-in-germany.html

Share

1 comment to Wermuth Fund Buys Into Electric-Car Service Provider in Germany – Bloomberg

Leave a Reply