December 1, 2009
South Florida Business Journal - $40M fund created for big energy project
A group of prominent businessmen plan to raise $40 million for an Austin-based investment fund to finance a project that would sell alternative energy generated in West Texas.
Republic Power Partners LP is raising the money for the proposed project with the West Texas Municipal Power Agency to enable the newly formed High Plains Diversified Energy Corp. to issue bonds to build the project.
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