Summaries - Australian Financial Review
Tuesday 21/4/2009 Page: 46
Transfield Holdings joint managing directors Luca and Guido Belgiorno-Nettis have been investing the past two years in German solar technology company, Novatec Biosol. Last night Novatec Biosol was awarded the prestigious Energy and Environment prize at the Hannover Fair. The solar technology is 'competitively priced' with oil at or above US$40 a barrel, Luca Belgiorno-Nettis said. Mr Belgiorno-Nettis said he sees opportunities and applications for the technology emerging in the energy-intensive mining industry in Australia. The Belgiorno-Nettis brothers have also previously invested in the renewable energy sector, owning a stake in the biofuels Group.
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