BDC Venture Capital is dedicating $100 million to “scalable energy/cleantech opportunities.” They describe the opportunity as “global resource, productivity and efficiency challenges.” And consistent with one of our recent themes, they’re shying away from capital-intensive infrastructure projects in favor of scalable, capital-efficient business models. And they get “convergence”: resource scarcity cuts across all industries and technology platforms, from electronics to materials to IT. It’s about solutions that make businesses more resource-efficient and productive. No surprise that they’ve attracted talent and built a portfolio designed to exploit smart grid, storage, green IT, building energy management, lighting and, yes, water treatment technologies. Source: Yahoo (http://finance.yahoo.come/news/bdc-venture-capital-rethings-energy).