Current Communications Attracts Additional BPL Investors
Via Red Herring.
Broadband over power lines market leader Current Communications said Thursday it received $130 million in equity investments from General Electric, EarthLink, TXU, and Sensus Metering Systems.More here.
It’s the second significant infusion of funding for the Germantown, Maryland firm in nine months.
Last July the company announced that Google, Goldman Sachs, and Hearst invested $100 million in the company’s business, which is adding intelligence and communications capabilities to the electricity delivery grid.
posted by Fergie @ 5/04/2006 10:10:00 AM
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