CleanTech Capital provides business development, corporate and project finance, mergers & acquisitions, divestitures and restructuring services in the clean technology and renewable energy sector. CleanTech Capital has offices in Europe, North America & South America.
We give advice and offer hands-on business development and transaction execution services to listed and private companies, international and domestic utilities, entrepreneurs and institutional investors.
If you require hands-on and experienced transactors, valuation experts, project managers or interim managers with own business and investment track record we should be your partner.
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E.ON reports first financials including Innogy2019/11/29
Enterprise Value increased due to doubling of net debt to 64 bn, market cap remains unchanged - EON released Q3 2019 financial results including 13 days of consolidated Innogy earnings but with full balance-sheet effect: economic net debt up 19.8 bn to a new combined economic net debt of 40 bn. The market cap of Innogy is still slightly higher than the E.ON market cap of approx. 24 bn, despite the E.ON share capital increase subscribed by Innogy seller RWE. The Enterprise Value of E.ON is back at 64 bn.
E.ON will build a 107MW biomass plant for Finish paper company UPM near Cologne2019/11/28
20MW electric and 87MW thermal capacity - The 110 mn project will deliver heat to the UPM paper mill in Hürth and supply renewable energy into the grid. Completion of the project that will create 30 new jobs is Q1 2022. E.ON will obtain the fuel, residual wood, from the regional environment. Winfried Schaur, EVP UPM: The project supports the long-term phase-out of coal-fired power generation in Germany."
EIB to provide 1 trillion over the next 10 years for renewable energy2019/11/15
It will stop funding any fossil fuel projects by end of 2021 - Under the new policy announced yesterday, energy projects applying for EIB funding will need to demonstrate that 1kwh will cause <250g CO2. which effectively bans even modern gas power plants of today. Climate activists were hoping for a threshold of 100g. Andrew McDowell, EIB VP: This is an important first step - this is not the last step,
VW to invest 60bn over next 5 years into roll-out of e-mobility2019/11/15
Supervisory approved 5 year CAPEX Plan till 2024 - VW now makes a clear bet on e-mobility. CEO Herbert Diess does not believe in alternative concepts. In 10 years 40% of the sold vehicles of the VW Group will be electric vehicles. By then VW should have sold 26 million pure electric cars, besides an unspecified number of hybrids.
Siemens Gamesa to take-over Senvion / repower services business and entire IP as well as blade manufacturing unit for 200 mn2019/10/22
2,000 jobs equivalent to almost 60% of the workforce will be secured - Yves Rannou, Senvion CEO: The new environment will protect the critical competencies and skills that were developed at Senvion and enable our employees to make long-term and valuable contributions to the energy transition, Insolvency administrator is still trying to sell other country operations including India.