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
Fax: 041 760 3174
German no. 1 coal energy generator STEAG banks on state compensation and coal energy generation in emerging markets2019/04/10
Net Income 2018 virtually zero, 6.7% equity ratio equivalent to Leverage of 15 and dividends to German municipal utilities (Stadtwerke) 4 times net income - Just a few years ago German Stadtwerke Dortmund, Duisburg, Essen, Oberhausen and Dinslaken in the hard coal region of Germany swapped its stakes in RWE and E.ON to acquire STEAG from German chemical group Evonik for 1.2 bn and continued to invest into coal energy. STEAG has 5.5 GW installed capacity in Germany. At the presentation of the full year financials the CEO voiced expectation of a 600mn compensation package per GW for an exit from coal by 2038.
German wind turbine manufacturer Senvion (formerly Repower) files for insolvency2019/04/09
Global top ten player with Sales of 1.45bn and >4,000 employees worldwide - German Senvion GmbH and Senvion Deutschland filed for insolvency. Additional insolvency filings from other group companies expected within days. US financial investor Centerbridge acquired Senvion in 2015 from Indian industrial conglomerate Suzlon for approx. 400mn after Suzlon struggled to repay loans for its public takeover of Repower AG. Lenders to Senvion Deutsche Bank and Bayern LB rejected an additional emergency loan from another investor due to adverse credit terms. Senvion shares were listed again 3 yrs ago with a first trading price of 15.90, since Summer 2018 it is on a steep decline from levels >10 and it is now trading at 0.60. There should be sufficient interest for the business after a financial restructuring.
German engine manufacturer Deutz AG invests in hydrogen technology for on-road and off-road engines2019/03/25
JV with Munich based KEYOU for joint development, industrialization and commercialization - Prototype fully developed, hydrogen technology as further alternative for CO2 mission free engines technology besides elctrification strategy.
Elliott Hedge Fund calls extraordinary general meeting at Uniper to strike a deal with 49.9% investor Fortum? 2019/03/22
Elliott meanwhile holds 17% - Both, CEO and CFO of Uniper are leaving the company. With the support of Elliott Fortum may pursue its goal to enter into a domination agreement with Uniper which would trigger another tender offer for Uniper shareholders. Todate, Russia is still withholding competition authority approval for a possible Fortum majority stake. A further increase of its shareholding would also trigger another tender offer.
1 bn state aid for battery cell production plant in Germany over 3 years2019/03/15
Indication of Interest for tender initiated by German Economic Minister Peter Altmaier last November - The German government confirmed six interested consortia without mentioning any names. The project is expected to created between 1,000 and 2,000 jobs, investments of at least 500mn and consortia members from at least two European countries. The longterm objective is to reach a 30% market share of global battery cell production in Europe. BMW who already cooperates with Chinese partner CATL for a German battery production, VW, PSA/Opel, Ford, BASF and German battery manufacturer Varta are named as interested bidders, along electric delivery truck company streetscooter who partnered with it main customer German Post AG and e.Go.
PCIM Europe2019/05/07 - 2019/05/09
Nuremberg, Trade Fair Nuernberg - "International Exhibition & Conference for Power Electronics, Intelligent Motion, Power Quality"
Energy Storage World Forum2019/05/14 - 2019/05/18
Berlin, Kempinski Hotel Bristol - The 11th Energy Storage World Forum (Large Scale Application Focus) and the 5th Residential Energy Storage Forum are Europes 1st conferences dedicated to energy storage since 2010
the smarter E / Intersolar Europe2019/05/15 - 2019/05/17
Munich, Trade Fair Munich Riem -
Raw Materials Summit - Venture Forum 20192019/05/20 - 2019/05/21
Berlin, Hotel Radisson Blu -
Smart Cities India Conference & Exhibition2019/05/22 - 2019/05/24
New Delhi, Pragati Maidan -