Enviromena says the Series B investment round has netted $15m in the form of equity and equity warrants – money it will plough into its expanding project development business centred in the Middle East and North Africa (MENA).
Masdar joins New York-based venture capital firm Good Energies in piling onto the investment round, with Enviromena’s board slated to be reshuffled in order to reflect the company’s new ownership structure.
