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Green energy fund raises $100 million

June 12, 2008

McGuireWoods investment fund client, Leveraged Green Energy, LP, reached $100 million in committed capital after a successful closing on May 23, 2008 that included Credit Suisse and a number of Scandinavian and Eastern European pension fund and private equity investors. After the closing, the Fund began development of four projects in Eastern Europe: one hydro, one solar, one wind and one biomass. Additional investors are expected in the near future to bring committed capital to $250 million.