news

13 May 2013

Iberdrola completes €20m geophysical study of 400MW Wikinger wind farm

Spanish utility Iberdrola has completed the geophysical studies for the proposed 400MW offshore wind farm due to be built in the Baltic Sea.

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13 May 2013

US solar start-up makes progress with seed roundp

A US-based solar company has passed the halfway point in a seed equity round it opened last month.

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13 May 2013

Grotech’s lengthy fundraise pays off as it closes oversubscribed Fund IIp

Grotech Ventures, a US-based early stage technology investor that has backed green businesses like Ziptronix and urjarnet, took 20 months to raise its latest fund but ended up closing it at an oversubscribed $225m.

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13 May 2013

Private equity with ESG edge will boost Africa’s economic development: report

Private equity investment in Africa with a strong commitment to sound environmental, social and governance (ESG) practices will create both stronger returns for investors and sustainable benefits for the local communities in which these businesses operate, a new report has stressed.

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13 May 2013

Armstrong’s $150m clean energy fund signs first solar deal with Symbior

Armstrong Asset Management’s $150m South East Asia Clean Energy Fund has signed its first solar deal, agreeing to a strategic cooperation with Thai energy developer Symbior Solar Siam, a subsidiary of Hong-Kong based energy company Symbior Energy.

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13 May 2013

UK Green Investment Bank appoints Euan McVicar as General Counsel

The UK Green Investment Bank (GIB) has appointed Euan McVicar as its General Counsel.

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13 May 2013

Elon Musk leaves Zuckerberg’s super PAC FWD.us

Tesla founder and CEO Elon Musk has left Facebook founder Mark Zuckerberg’s super political action group amid claims the group supported adverts promoting fossil fuels.

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13 May 2013

UK’s South West reveals renewable energy manifesto

UK not-for-profit group Regen SW has published a South West Renewable Energy Manifesto which sets out eight key commitments to put sustainable energy at the heart of the region’s economic future.

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13 May 2013

China Private Equity takes stake in Asia Bioenergy Technologies

Asia-focused AIM listed investment group China Private Equity Investment Holdings (CPE) has acquired 50 million shares in Malaysian cleantech company Asia Bioenergy Technologies Berhad (ABT) for MYR3.5m ($1.1m).

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13 May 2013

BNDES loans $150m to GranInvest’s next-generation ethanol plant

Brazil’s National Social and Economic Development Bank has agreed to lend BRL300.3m to GranInvest subsidiary Bioflex Agroindustrial for the build of a next-generation bioenergy plant.

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