Was trying to find if there was a fund which invested in...

Was trying to find if there was a fund which invested in alternative energy companies. Only thing found was the virgin groups fund. Believe that once up and running AAE will with other companies become a investment. There may even be Virgin ethanol marketed.

Here is the article

Virgin Group launches biofuel investment fund
Published on 11 September 2006

Sir Richard Branson's Virgin Group has launched an investment fund for environmentally friendly fuels. The new Virgin Fuels business will invest up to 400 million US dollars (£214 million) in renewable energy initiatives over the next three years.


Sir Richard said it was important that transport groups such as airlines and train operators were at the forefront of developing environmentally friendly fuels.

The first deal will support California-based Cilion, which was formed in June and will make bioethanol from corn. Cilion plans to build seven plants by 2009 with a total of 440 million gallons per year capacity. The first three plants are expected to be in California.

Other investors in Cilion include Silicon Valley entrepreneur Vinod Khosla and Los Angeles billionaire Ron Burkle.

California is on an environmental crusade led by state governor Arnold Schwarzenegger to produce more of its own biofuels, which it already uses to fuel cars. Most of the fuel is imported from the American Mid West and earlier this year the actor-turned-politician called for California to make a fifth of the fuel it uses by 2010.

Sir Richard said: "This is a very exciting investment for Virgin and the new company will make a substantial contribution to meeting Governor Schwarzenegger's goal as stated in his recent executive order, calling for California to produce a minimum of 20 per cent of its own bio-fuels by 2010."

He added: "We do not intend to limit ourselves to US bio-fuels as we believe that transportation companies have a responsibility to lead and fund research and development of new bio-fuels that can be produced, distributed and used with greater positive environmental impact than the current technologies used in the production of bio-fuels.

"This is only the beginning of our investment programme which begins in the US and will expand to the UK, mainland Europe and other parts of the world."