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Article: Venture capitalists chase 'green' companies.
- Article from:
- Atlanta Journal-Constitution
- Article date:
- February 22, 2007
CopyrightCOPYRIGHT 2007 The Atlanta Journal-Constitution. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Bob Keefe
Feb. 22--SAN FRANCISCO -- Ecosphere Technologies Inc. has been in business for nearly a decade, but deep-pocketed investors have never expressed interest in the company like they are today.
At a venture capital conference here, the Stuart, Fla.-based business debuted its latest product: a trailer-sized solar- and wind-powered system that can produce electricity, wireless Internet service and clean water in disaster areas and remote locations.
"All of a sudden we're the cool guys," Ecosphere executive Stephen Johnson said between conversations with potential investors. "This [sort of interest] didn't exist two or three years ...