First investment by Southern Cross Renewable Energy Fund
26th Sep 12
The Southern Cross Renewable Energy Fund is making its first investment to a QLD company with novel technology that increases the efficiency of solar panels. Brisbane Materials will use the $1.5 million investment, along with $2.5 million from USA-based New Ventures Partners, to commercialise its high-performance, anti-reflective coatings. Southern Cross Venture Partners secured the additional investment and will provide investment management assistance to the company during the commercialisation process.