Pegasus Capital Designing ‘Green Bank’ to Fund Carbon Projects
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Pegasus Capital Advisors LP, the U.S. private equity firm that manages almost $2 billion in assets, is helping set up a bank to fund carbon reduction, a former adviser to California Governor Arnold Schwarzenegger says.
Pegasus is “volunteering some time to help with the design and structuring of the green bank,” Terry Tamminen, 58, said in a telephone interview in Melbourne. He is an adviser to the firm, founded in 1995, according to its website.