BEHIND THE NEWS: Cash infusion propels pioneering battery firm into future
EnerDel, an Indianapolis company pioneering a new kind of battery for hybrid vehicles, has just received a badly needed jolt of juice. EnerDel’s parent, Florida-based alternative-energy firm Ener1 Inc., late last month wrapped up $32 million in equity financing from a group of investment heavyweights, including JPMorgan Chase and Credit Suisse. The investors received warrants giving them the right to invest another $43 million within 180 days, boosting the total capital commitment to $75 million. “The investors we have gotten…