Investments
5 Investments in 5 Companies
Exits
2 IPOs
Headquarters:
Sacramento, CA
Description:
The California Energy Commission is the state's primary energy policy and planning agency. Created by the Legislature in 1974 and located
Website:
http://www.energy.ca.gov

Investor Details

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Founded:
1974
Contact:
Type:
Government Office that does Grant and Post Ipo Equity Investments
Sectors:
Clean Technology, Automotive

The California Energy Commission is the state's primary energy policy and planning agency. Created by the Legislature in 1974 and located in Sacramento, the Commission responsibilities include:

Forecasting future energy needs and keeping historical energy data. Licensing thermal power plants 50 megawatts or larger. Promoting energy efficiency by setting the state's appliance and building efficiency standards and working with local government to enforce those standards. Supporting public interest energy research that advances energy science and technology through research, development, and demonstration programs. Supporting renewable energy by providing market support to existing, new, and emerging renewable technologies; providing incentives for small wind and fuel cell electricity systems; and providing incentives for solar electricity systems in new home construction. Implementing the state's Alternative and Renewable Fuel and Vehicle Technology Program. Planning for and directing state response to energy emergencies. With energy challenges facing the state, the Commission and its dedicated staff of state employees stand ready to turn challenges into opportunities and help Californians continue to have energy choices that are affordable, reliable, diverse, safe, and environmentally acceptable.

Current Team (6)

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Investments (5)

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  • Pacific Ethanol
    Aug 4, 2014 - Invested in $3M Grant
  • Tesla Motors
    Tesla Motors designs, manufactures and sells electric vehicles, such as the Tesla Roadster, the first fully electric sports car.
    Oct 10, 2012 - Invested in $10M Post-IPO Equity
  • Propel
    Propel operates a network of clean mobility fuel stations providing drivers with fuel options for community-driven transportation resources.
    Jun 1, 2012 - Invested in $10.1M Grant
  • Propel Fuels
    Propel builds, owns and operates a network of American made clean renewable fuel stations.
    Mar 1, 2010 - Invested in $1M Grant
  • eTec
    eTec is involved in R&D and testing of transportation and energy systems, focusing on hybrid and electric vehicles and infrastructures.
    Aug 31, 2009 - Invested in $8M Grant

Offices/Locations (1)

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  • Headquarters

    1516 Ninth Street, MS-29

    Sacramento, CA 95814-5512

    USA

Past Team (1)

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  • A74cb8f2cdc24410ace9f2be913e7a7b

    Allan Schurr

    IBM Global Energy & Utilities Industry , Vice President, Strategy and Development @ IBM