ICQ is a renewable‑energy group focused on expanding and operating generation capacity from renewable sources. The company currently reports operating power of 110 MW and aims to reach 250 MW in 2012. It targets more than 600 GWh of annual production and plans the development of an additional 400 MW in projects. Management says the capital raise will help expand and consolidate the Group’s growth plans in renewables. After executing these capacity and production targets, the Group intends to seek a public listing. The article does not report revenue or user metrics.

Total raised

$16M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2010