GE invests in high-tech green building outfit
General Electric is making a foray into green buildings by investing in Project Frog, which uses various technologies to speed up new building design and construction.
GE Energy Financial Services will be one of four companies to invest $22 million in Project Frog, GE said today. The other three are venture capital companies: Claremont Creek Ventures, Greener Capital Partners, and RockPort Capital Partners.
The money will be used to expand Project Frog's sales, and GE will install one of the company's prefabricated buildings at the GE Learning Center in Ossining, N.Y.
Project Frog uses software and construction … Read more