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.
Tel.: 041 760 3173
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ABB abandons $1 bn solar pv converter investment in PowerOne2019/07/10
Italian FIMER signed agreement to acquire loss making unit with $290 mn in turnover - Fimer is no. 8 inverter manufacturer globally before consumption of this acquisition. ABB is streamlining its portfolio to reach its profitability goals. It will take a $430 mn non-operational charge in Q2/2019. 75% of this is a cash payment to Fimer for assuming warranty obligations of the business. ABB acquired PowerOne in 2013.
Uniper´s workforce Council offers cooperation agreement to major shareholder Fortum 2019/07/10
Finish state-owner utility Fortum owns 49.99% of Uniper - Uniper Work Council issued letter to Fortum CEO Pekka Lundmark. They aim to preserve independence and want to avoid domination agreement and liquidation in return for support with other integration efforts.
Uniper sells 2.3 GW French operations to Czech EPH 2019/07/04
Energetický a pr?myslový holding a.s. further accumulates fossil fuel and coal based energy assets throughout Europe - Uniper and ETH completed exclusive negotiations for the deal announced in Dec 2018 based on undisclosed acquisition price. The transaction includes 2 gas-fired and 1 coal fired power plant in the Lorraine, a coal-fired power plant in the Provence, as well as a biomass power plant in Gardanne and wind and solar power plants and distribution operations, >50% coal, >40% gas assets.
15% reduction of CO2 emissions in German energy generation in H1 20192019/07/04
116 mn tons C02, 20mn tons less than a year earlier - fuelled by higher renewable energy generation (41% of total generation); transport and heating markets lagging behind. Germany is also lagging behind its agreed renewable energy roll-out path.
41% is the renewable energy share in power generation in Germany in the first six months but Germany lacks behind its agreed roll-out path2019/06/26
44% if you exclude exports and assume renewable power is consumed in Germany - according to preliminary estimates published by BDEW, the German energy and water industry association the German domestic power consumption in the first half of 2019 was 289.7 bn kwh. Renewable energy contributed 128.5bn kwh. On-shore wind had the biggest share with 55.8bn kwh (up 18%), solar pv No. 2 with 24bn kwh (+4%) and offshore wind with 12bn jkwh (+30% from 9.2 bn kwh) production volume. Biomass and hydro power contributed 36.7bn kwh (nearly unchanged).