The Boston Business Journal reports that
former New England Patriots quarterback Drew Bledsoe’s investment firm has
invested $10 million in a Florida water purification technology company.
Bledsoe Capital Group founded in 2007 by the NFL veteran and Montana attorney
Chad Wold, will receive a 33 percent stake in Ecosphere Energy Services LLC, a
subsidiary of Stuart, Fla., water engineering and services firm Ecosphere
Technologies Inc. Ecosphere Energy Services develops equipment for oil and gas
firms to purify and recycle water used in exploration. The investment firm
provided seed funding to develop a prototype and test it with energy companies.
In a statement, Bledsoe said the firm was looking for a “green” technology to