Bloomberg News

ABB Invests $20 Million in California-Based Solar-Power Company

December 14, 2011

Dec. 14 (Bloomberg) -- ABB Ltd. said it invested $20 million for a “substantial minority stake” in California-based solar-power company GreenVolts.

The investment was part of a $35 million financial round, the Swiss company said today in an e-mailed statement.

To contact the editor responsible for this story: Jennifer M. Freedman at

Silicon Valley State of Mind

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus