Finance

kRoad Ventures LP made a significant investment in HoustonStreetExchange Inc. to finance the online energy trading system’s pondcrossing to Europe. New York City-based kRoad is a global venturecapital fund focused on the infrastructure sector (energy,utilities, water and waste management). kRoad brings tradingliquidity, sector experience and international business networksunique to its limited partners: Vivendi (Europe), Softbank (Asia)and Sithe (North America). kRoad’s investment is the cornerstone ofHoustonStreet’s international initiatives. kRoad, Vivendi andHoustonStreet agreed to structure a strategic partnership toestablish HoustonStreet Europe.