Meteor unveils Clean Energy fund

The fund plans to invest in small-scale emerging market renewable energy projects which will generate returns by selling electricity and carbon credits. Each investment will be between €1m and €3m. It will be managed by Dr Tauni Lanier, who launched the Dow Jones Sustainability indices. Managing director Graham Devile says the fund differs from other projects in the market because it will take stakes in projects that have both environmental and social benefits. "We want to invest in projects that will be of benefit to local communities or be an energy generating solution," he says....