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SEP head 'cautious' on green energy

The head of Scottish Equity Partners (SEP), which raised one of Europe's largest venture capital funds in 2006, said his firm was wary of investing in alternative energy sources despite the current hype surrounding wave and wind power.

The head of Scottish Equity Partners (SEP), which raised one of Europe's largest venture capital funds in 2006, said his firm was wary of investing in alternative energy sources despite the current hype surrounding wave and wind power.