Renewable energy targeted in New Energy Finance in itiative

25 October 2004

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New Energy Finance has been launched to provide information, consultancy and transaction support to investors and participants in the fast growing renewable energy sector. Following extensive market analysis, New Energy Finance believes that investment in the renewable energy sector will grow from around $25bn, currently, to over $100bn over the next ten years - an annual growth rate of 15%. The company's service is designed to enable the financial community to make informed investment decisions across a wide range of new and renewable energy technologies, including hydrogen, wind, solar and biomass, as well as breakthroughs in the use of fossil fuels. It is based on a highly structured map of the industry and takes advantage of the latest database technology. The New Energy Finance information product incorporates a global renewable energy and energy technology directory covering over 2300 companies and 1500 leading individuals in the industry. It includes 370 quoted companies and their key subsidiaries; 320 private companies & joint ventures and their key subsidiaries; 200 start-ups pre- or post-venture capital or private equity funding; 350 venture capitalists and private equity providers, corporate venturers and asset managers; government departments, industry associations and academic institutions. The company will also offer an investment database covering equity transactions worldwide.