The Wall ST.
Journal: $30 billion fund to transform the fertilizer industry article Wall St., January 16, 2019.
The New York Times and the Wall Street Post recently reported that the $30-billion FertileCo.
Fund, which was launched by billionaire Daniel Weidenraub and his wife, Doris, and the Rockefeller Foundation, will invest in green-tech companies that will create more than 2 million jobs.
WeidenRAUB’s fund has $4.5 billion in assets and the New York-based Rockefeller Foundation has $2.7 billion.
The Rockefeller Foundation and the Fondation de la Recherche pour la Recurence pour l’Environnement (FRCE) of France, the biggest investor in the fund, together are expected to invest $4 billion, according to the Wall St Journal.
The Wall St.-owned New York Post has reported that Weidenrake’s FRCE will be the largest single shareholder in GreenWave.
The FRCe has been working to create green-energy jobs since at least 2013, when the Rockefeller foundation invested $150 million in a solar energy project in Brazil.
Weidraub’s foundation has also invested in companies that are involved in the construction of green-power plants.
The New Yorker reported that a key FRCI project, a plant to produce green energy, will generate $8.7 million in annual revenue and will employ more than 1,000 people.
The project will use solar panels to generate electricity.
The New York Observer reported that FRCEs investments in green tech companies are expected “to drive the country’s growth in green technology,” according to a FRCS document obtained by the newspaper.
GreenWave is one of several green-related companies that the FRC has invested in over the years.
The Rockefeller Foundation was among the first investors to invest in the startup GreenWave in 2014.
Weida, a New York company, is a leading provider of sustainable solutions to meet environmental and health needs.
GreenWave was recently acquired by a Japanese conglomerate.
The FRC will use GreenWave as a business model for its investment.
The Journal reported that more than $15 billion in investments have been made by the FGC to date.
FRCs investments in more than a dozen green-technology companies, including one that was created to provide a new source of natural gas, have been funded by the Rockefeller family.