|
01 July 2009 -- The Cleantech Group, founders of the Cleantech sector and providers of leading global market research, events and advisory services for the Cleantech ecosystem, along with Deloitte, which provides audit, tax, consulting and financial advisory services to Cleantech companies, released preliminary 2Q09 results for clean technology venture investments in North America, Europe, China and India, totaling $1.2 billion across 94 companies.
"We are seeing initial signs of recovery in other cleantech asset classes, including recent activity in solar tax equity, increased M&A levels, as well as billions in government stimulus that are being allocated globally to the cleantech sector over the next several quarters," said Brian Fan, senior director of research with Cleantech Group.
Some of the sectors getting the biggest investments include:
- BIOFUELS - $206 million Deals included agri.capital, a European developer of biogas plants, which raised $82 million from TCW Group and others and renewable oil producer Solazyme, which raised $57 million from Braemar Energy Ventures, Lightspeed Venture Partners and new investor VantagePoint Venture Partners.
- SOLAR - $114 million Deals included Indian solar developer Cobol Technologies, which raised $30 million from Pangea Capital, as well as CSP technology provider Ausra, which raised $25.5 million from Khosla Ventures and Kleiner Perkins, among others. Another CSP company, Stirling-engine dish vendor Infinia, raised $14.1 million in convertible debt, as part of a $50 million planned raise.
|