Clean technology has been cited as a potential growth engine for the North Bay, capable of attracting new venture funding and high-paying jobs. That scenario is now a step closer to becoming a reality as institutional investors build what could be the world’s largest fund devoted exclusively to clean tech.
Fueled by an initial $400 million commitment from Calpers, the nation’s largest pension fund, La Jolla-based Pacific Corporate Group is building a clean-tech fund that is expected to reach $750 million to $1 billion in assets.
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