NanoH2O Inc., a manufacturer of reverse-osmosis membranes that cut the cost of energy for seawater desalination facilities, plans to build a plant on the Yangtze River delta to tap China’s industrial water needs.
ESolar Inc., the General Electric Co.-backed maker of concentrated-solar systems, received $22 million from existing investors including Oak Investment Partners to expand in the Middle East and North Africa.
Level 3 Communications Inc., a U.S. telecommunications company with operations in 55 countries, is bidding for Polish fixed-line operator GTS Central Europe, said two people familiar with the discussions.
Prescient bets against the stock market have helped endowment manager Alice Handy regularly beat the Standard & Poor’s 500 Index. Handy, who manages money for Smith, Barnard and Middlebury colleges at a firm she founded called Investure LLC, has also done something more satisfying: vanquish Harvard and Yale.
Oak Investment Partners and Gobi Partners said a New York state judge granted their requests to attach $60 million in assets they claim they’re owed by VisionChina Media Inc. in a breach-of-contract lawsuit.
Moelis & Co. will help underwrite a $300 million bond offering for Aspect Software Inc. as the investment-banking firm seeks to diversify into capital markets from advising companies on mergers and restructurings.