When he’s not uncovering the next sharemarket bubble, legendary hedge fund manager Jeremy Grantham is chasing down the next big thing in renewable energy.
Street Talk understands Allegro Energy, which claims to be a pioneer in water-based energy storage systems, has ruled off a Series A raise, picking up $17.5 million in a round led by the high-profile investor’s foundation.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
