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July 07, 2009
BLUE
H PRESS RELEASE
Leading technology player in deep water offshore wind
energy, Blue H, selected for private placement by Succès
Europe.
Blue H Technologies BV (“Blue H")
announced today it has obtained additional funding in its current
private placement with Succès Europe joining as a new investor. The
current round is designed to help Blue H continue its development as a
leading provider of deepwater offshore wind energy technology.
"We are very pleased to see Succès
Europe joining our group of existing shareholders", says Neal Bastick,
Blue H’s CEO. “With our previous rounds of financing we designed, built,
installed and subsequently decommissioned the world’s first prototype
floating wind turbine in deepwater. With this private placement, we are
building our first full scale commercial unit and will continue work on
our technology development, before entering into industrial scale
production".
“Succès Europe, a Sophia Antipolis (France)
based European investment holding created by and for entrepreneurs, is
delighted to be one of the major investors in Blue H Technologies," said
Candace Johnson, President Succès Europe. Blue H was one of 21 companies
chosen for investment out of more than 200 possible investment
candidates across Europe in the fields of CleanTech, MedTech, ICT and
B2B. Blue H’s management, business plan, innovation, technology,
progress to date and addressable market thoroughly convinced us of its
potential and ability to become a world-class company.
About Succès Europe:
Succès Europe is a Sophia Antipolis based
European investment holding focusing on early-stage investments in the
CleanTech, MedTech, ICT and B2B sectors. The founding shareholders and
Investment Committee are all serial entrepreneurs or international
managers and have founded or been heavily associated with such success
stories as SES, GemPlus, Kaerys, COMEX, Adobe, MicroSoft, Nokia,
LavaLife et cetera. Succès Europe has an active investment philosophy
which foresees using the experience, expertise and network of their
founding shareholders and Investment Committee to help their investee
companies to global success.
Contact:
info@succes-europe.net
About Blue H:
Blue H Group Technologies Ltd, a UK
registered holding company (“Blue H"), is a technology driven company
created to develop offshore, deep water wind farms, far enough from the
coast to benefit from stronger and more regular winds and to overcome
frequent objections to on-shore wind farms. It is currently seeking a
permit to build a deepwater wind farm in the Straits of Otranto,
opposite the municipality of Tricase in Puglia, Southern Italy.
For further information, please contact
Anne-Marie van Pinxteren at +31 162 424 952.
Email: info@bluehgroup.com
Website: www.bluehgroup.com
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Press Releases
October 05,
2009 - Blue H USA announces it application to the US Army Corps of
Engineers for a deepwater offshore wind platform
July 07,
2009 - Blue H selected for private placement by Succès
Europe
March 12,
2009 - Blue H Prepares for Authorization of the World's First
Deepwater Wind Farm
February
24, 2009 - Blue H's Project GEOMA selected by Italian Government
January 14,
2009 - Project Deepwater Turbine
January 13, 2009
- Energy Technologies Institute Unveils First Projects to benefit from
£1.1 Billion Initiative
October 23,
2008 - Consortium Northwester Applied for Offshore Wind Concession
October 15,
2008 - Blue H France SAS Created
July 3, 2008 -
Blue H USA Massachusetts Congressional Delegation Letter of Support
March 10, 2008
3, 2008 - Blue H USA Submits Nomination For Lease
December 6,
2007 - Blue H Launches World's First Floating Wind Turbine
December 6,
2007 - Technical Note
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