Posts filed under ‘Venture Capital’
Venture capital investing recently rose to the second highest quarterly figure ever for the industry. According to a new report out from Ernst & Young, three quarters of corporate investors surveyed said they plan to increase their budgets for cleantech investments between 2012 and 2014.
Specifically 44% of the corporate investors surveyed said they plan to spend over $50 million on cleantech, and 12 percent said they plan to spend over $250 million on cleantech during that time. These are the types of companies that are international and have revenues of $1 billion or more, and are active in cleantech investing.
Forty percent of the corporate investors surveyed said they plan to spend their cleantech-targeted funds on research and development for cleantech products, while 20 percent of those surveyed said that they plan to increase cleantech investment in order to directly increase revenue. The report says that companies invested in energy efficiency technologies during the down turn to save money, but then those efficiencies have now turned into a competitive advantage.
Acquisitions are also high on corporate investors minds. The Ernst & Young report says that almost three quarters of respondents have acquired a cleantech company or plan to consider acquiring a cleantech company in the future.
Since 2002, the Cleantech Group has brought together numerous premier events for entrepreneurs, investors, enterprise CEOs, policy-makers and other global forerunners of the clean technology sector.
They will be holding their annual flagship West Coast Cleantech Forum in San Francisco from March 14th to 16th. The region’s most important cleantech event of the year will be covering the innovations in information technology that are providing deeper insights into cleantech ROI and impact – and how the ability to measure and analyze performance will allow us to take cleantech to scale around the world.
The convergence of cleantech and information technology is ushering in a truly new era in clean technology, enabling faster global deployments, greater scale, and more precise measurement of impact than ever before. Now, across all major sectors of the clean technology economy, the ability to collect, communicate, and analyze vast new streams of data is opening up opportunities for new technologies to come to market faster than ever before and offering decision makers more accurate, transparent insight into the effectiveness of cleantech deployments. Energy, water, transportation, waste, and agriculture, are all being reshaped by information technology solutions that are allowing for the fundamental acceleration of global cleantech adoption.
Cleantech Forum San Francisco is the only clean technology conference that will unite the world’s leading corporate executives, investors, startups, and policy makers to explore the expanding opportunities and critical challenges at the cleantech and IT nexus.
The Cleantech Forum San Francisco will you get the insights and market intelligence to build a solid strategy and meet the entrepreneurs and global partners to put your plans into practice.
Don’t miss out on our most recent developments – join us today by phone at 2pm PST / 5pm EST for our Investor Update Conference Call . NAT CEO, Ken Barker, will provide an update on recent corporate developments followed by a question and answer session.
To participate via telephone, please dial 800.967.7187, or +1 719.325.2418 for international callers, at least 10 minutes before the presentation start time. The passcode is 7723359.
If you are unable to participate during the live call, the telephone replay will be available until midnight EST, December 16th by dialing 877.870.5176, or +1 858.384.5517 for international callers, and entering passcode 7723359.
Carter Bales, chairman and founding partner of New World, stated that they would provide expansion to companies and related infrastructure projects in the middle market – “what is conventionally known as the ‘Commercialization Gap’ – the period before companies and projects can command large amounts of institutional capital.”
Bales told the New York Times that there is only $3 billion in private equity capital right now pledged to companies in the sector. He believes the sector is worth $300 billion.
The firms founders are seasoned professionals with several years of investment experience in companies and infrastructure projects in the environmental sector. They bring related skills in business operations and project management, project finance and development, and regulatory issues.
Billionaire George Soros announced an investment of over $1 billion into the Cleantech industry. The world’s 29th richest man indicated that he was interested in investing in technologies that are both profitable and are effective in reducing global climate change. This news comes one month after Vinod Khosla announced that his firm had raised 1.1 billion for investment in Cleantech .
Thanks to the implementation and enforcement of laws with strong green house gas reduction targets, investors are eager to fund new solutions and provide a welcome reception for smart and innovative ideas to improve energy efficiency.
The result is cleaner sources of energy, clean air and a better environment and don’t forget the creation of thousands of green jobs.