U.S. renewables buoyed.Santa Monica-based U.S. Renewables Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , which owns and operates landfill methane methane (mĕth`ān), CH4, colorless, odorless, gaseous saturated hydrocarbon; the simplest alkane. It is less dense than air, melts at −184°C;, and boils at −161.4°C;. , biomass, wind and solar power projects, closed on a $475 million second private equity fund. The commitment far exceeds the fund's original target of $250 million. The money will be used mostly for renewable power generation, including biomass, geothermal ge·o·ther·mal also ge·o·ther·mic adj. Of or relating to the internal heat of the earth. ge and solar plants and clean fuels, including ethanol and biodiesel projects. Founded in 2003. the U.S. Renewables Group manages about $575 million in private equity and hedge funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" devoted to green technology. Staff reporter Booyeon Lee can be reached at blee@labusinessjournal.com or at (323) 549-5225. ext. 230. |
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