California Clean Energy Fund hires angel investment expert

“The California Clean Energy Fund (CalCEF) announced today that it has retained Susan Preston to implement its strategy to close the funding gap for promising seed and startup-stage clean energy companies. CalCEF is a $30 million nonprofit investment fund created to spur investment in California’s clean energy economy. Ms. Preston, an expert and author on angel financing, has a background and expertise that complements CalCEF’s focus on investments in seed-stage clean energy companies. Established in 2004 as a result of the PG&E bankruptcy settlement, CalCEF supports companies developing a wide range of clean energy technologies that will bring economic and environmental benefits to California and assist the state in meeting its aggressive clean energy goals.”