Rusnano and RusHydro to set up $200m venture fund for energy development

Rusnano, Russia’s nanotech giant, and RusHydro, the largest national hydroelectric power company, are in talks over the planned setup of a $200m VC fund. The parties intend to split the cost of establishing the fund on a 50/50 basis, the Russian news agency MA-agency.ru reported, citing Rusnano president Anatoly Chubais.

Read more at: http://www.emergingmarkets.me/2014/09/rusnano-rushydro-set-200m-venture-fund-energy-development/

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