Sustainable energy technology and products developer Econcern concludes agreement with venture capital fund Planet Capital. Utrecht / Zeist, April 26, 2002 Econcern and Planet Capital today announced that they have concluded an agreement on the financing, development and commercialization of innovative products in the sustainable energy sector. Econcern is a frontrunner in the quest for renewable energy products. The company and its four subsidiaries are especially active at the interface of the development of fundamental sustainable energy technologies and the creation of applied products and business models for business-to-business and business-to-consumer markets. Econcern has a pipeline of interesting opportunities for market introduction, which it will share with Planet Capital. Furthermore, Econcern is at the center of an inspiring network with ample opportunities for venture capital investment. Planet Capital is a venture capital fund that invests in companies with technologies and business models that have passed the prototype stage and are ready for market introduction. The fund also invests in later-stage companies, thus building a diversified portfolio of interests. Econcern has four fully owned subsidiaries: Econergy International focuses on business-to-business operations, high quality renewable energy products and products to monitor energy consumption. Ecofys offers consultancy services. It has in-depth expertise in the fields of wind energy, solar energy, biomass, hydropower, energy efficient buildings and energy systems, research and policy studies. Ecostream is the marketing services company. The activities and projects are primarily aimed at the consumer market, providing sustainable energy solutions for private homes, like solar panels and solar water heaters. Ecoventures holds strategic interests in a number of companies as a basis for structural cooperation. The focus of the investments by Planet Capital is on the following sectors: Renewable energy systems (incl. wind, solar, water, biomass); Decentralized generation systems (incl. fuel cells, micro turbines, storage technologies); Demand-side efficiency (incl. energy efficiency, energy and buildings, automotive applications).             Home | About us | Entrepreneurs | Links | Press releases | Contact