Community Energy Closes Investment

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SJF Ventures, a venture capital fund with offices in Durham, N.C., New York and San Francisco, has completed a Series A preferred-stock investment in Community Energy Inc. (CEI), a renewable energy developer and marketer. NGP Energy Technology Partners also participated in this funding round.

According to the companies, the investment will fund CEI's plan to expand its pipeline of utility-scale solar generation projects under development in the Northeast, Midwest and West.

SOURCE: SJF Ventures

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