Report: GreatPoint Energy Grabs $420M from Chinese Investor

Report: GreatPoint Energy Grabs $420M from Chinese Investor

From Xconomy's Gregory T. Huang

GreatPoint Energy, a coal-to-natural-gas company in Cambridge, MA, has formed a $1.25 billion partnership with China Wanxiang Holdings, in a deal that includes $420 million in Series D equity investment, according to a report by Lora Kolodny in Dow Jones VentureWire.

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