Cleantech
LCA invests £500,000 in Vigor Renewables
Low Carbon Accelerator (LCA) has invested £500,000 in solar and wind company Vigor Renewables in the form of non-voting preference shares with rights over 90% of the distributable profits.
Q&A: European venture to outperform in cleantech area
Rob Genieser recently joined cleantech venture investor Environmental Technologies Fund (ETF), which currently invests from its £110m fund, closed in March 2008. Relocating from Vertex, which was headquartered in Singapore and Tel Aviv, he tells Rikke...
Foresight boosts European solar team
Foresight Group, a dedicated environmental investor, has appointed Federico Giannandrea as investment director.
Q&A: Environmental sector opportunities and challenges
Nino Tronchetti, co-founder and CEO of environmental investor Ambienta talks to unquote" about opportunities in the sector.
Rabo Capital sells stake in Itho Group BV
Rabo Capital, part of Rabo Private Equity (the captive private equity division of Rabobank Group), has sold its majority stake in Itho Group BV to Bencis Capital Partners.
Green spark: Renewables still generating returns
Despite the difficult economic backdrop, environmental infrastructure continues to prove attractive to investors. By Francinia Protti-Alvarez
Q&A: Early-stage evolution
Bart Diels, partner at Belgian investor Gimv, speaks to Francinia Protti-Alvarez about how the venture market in the Benelux region has adapted to the changing economic climate.
Consortium funds Cuculus with EUR 2.6m
Yellow&Blue Investment Management has led a EUR 2.6m round in smart metering company Cuculus GmbH.
Denham divests SunRay
Denham Capital Partners have divested SunRay Renewable Energy an solar photovoltaic developer to US-based trade player SunPower, the total consideration for the acquisition is approximately $277m, including $235m in cash and $42m in a letter of credit...
Cape in €900m proposal to build cars in Sicily
Cimino & Associates Private Equity (Cape), has presented an offer to the Italian government to build electric cars in Sicily.
Italy’s solar market heats up
Earlier this week UK-based investor Amplio Group connected two solar PV plants in Italy and plans to connect an additional four by the end of the month – all in all a €13m deal.
CPE invests €10m in Metallkraft
Climate Change Capital Private Equity (CPE), has led a convertible bond issue in Metallkraft, a Norwegian company that has developed a patented process to recycle spent slurry used in cutting solar silicon wafers.
Amplio invests in solar project
Dedicated environmental investors The Amplio Group has completed and connected two plants of 1MW each expecting to connect four additional 1MW plants by the end of the month.
Renewables foursome re-inforce sector’s appeal
HgCapital’s dedicated renewable energy fund, HgCapital Renewable Power Partners, closed three new investments today: two Spanish solar PV projects and one UK onshore wind project.The EUR 300m hat-trick comes the same day as growth investor Frog Capital...
Frog Capital invests EUR 3m in agri.capital
Growth capital investor Frog Capital has invested EUR 3m in biogas producer agri.capital.
HgCapital closes three renewable energy deals
HgCapital’s dedicated renewable energy fund, HgCapital Renewable Power Partners, has closed three new investments: two Spanish solar PV projects and one UK onshore wind project.
Venture-backed Cycleenergy acquires Gaishorn
Venture-backed biomass plant company Cycleenergy has acquired Bioenergie Gaishorn GmbH and doubled its capacities.
Banking on the environment
Following the bad aftertaste left by the Copenhagen Climate Conference in December last year, there is reason to wonder whether all the hype investors are building around environmental technology is mere rhetoric.
First Reserve Corp promotes Deulina to director
Energy-focused investor First Reserve Corporation has promoted Anastasia Deulina to director.
Green thumbs up
The cleantech space lost favour with all but the most specialised investors almost as quickly as it gained it. This is good news for those eager to secure deals: less competition and uncertain government support create a need for funding and a dearth...
The solar system
Of the various technologies that make up the renewable energy sector, it is solar that absorbs the most capital. European and government incentives make it an attractive investment for both GPs and banks despite the economic slowdown. By Francinia Protti-Alvarez