The new private capital fund dedicated to building a sustainable economic future in Louisiana by investing in clean technology and sustainable industry.
The fund will work in cooperation with governmental and non-governmental organizations to drive economic development and transformation and lay a solid foundation for innovation and prosperity in the state.
The fund will invest in the areas of energy, water and green innovation, and will measure the investment’s potential for long-term economic development and profitability.
The Fund’s investment strategy selects convertible debt investments with warrants in later stage companies and drives value creation by participating in equity upside, the companies said.
SSP managing partner Foster Duncan said the Louisiana Sustainability Fund will provide a private pool of capital which with public sector incentives will spur economic development in Louisiana.
