Japan's Toshiba Corp to acquire 60pct of NuGen

Toshiba Corp, an engineering firm based in Japan, announced that it would be acquiring a 60% stake in NuGeneration Ltd, the nuclear joint venture of GFD Suez and Iberdrola, Bloomberg reported.

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GE Ventures join Angeleno Group in funding energy-saving storage company Stem Inc.

Stem Inc. today announced the closing of a $15 million Series B financing round. Iberdrola, GE Ventures joined Series A investor Angeleno Group in committing financing for the round.

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