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
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.
E.ON raised another 1.5 bn short and medium term financing at close to zero financing cost2019/10/17
750 mn 3yrs bond at 0% - 750 mn 7yrs bond at 0.25% - E.ON's first bond issue since implementation of the Innogy takeover from rival RWE was well received by its investors community, supported by its bookrunners who also provided the acquisition finance. However, market capitalization post 5 bn share capital increase by its new core shareholder RWE still stands at 23 bn based on a share price below 9 which is the level of 1995. Net debt sharply increased by >3.5 bn to now 20.2 bn or almost a Leverage of 1.
EnBW builds 180MW solar pv parc in Brandenburg without feed-in tariff2019/10/16
465,000 solar panels on 164 ha - The pv parc should be operational by end of 2020. Hans-Josef Zimmer, CTO EnBW: We are convinced that major solar parks of this size can be operated economically without funding, Solar parcs of that size are outside of the German tender system for renewable energy. It can be assumed that EnBW will still benefit from state subsidies for investments in former Eastern Germany.
Enel raised 2.5bn in general purpose Sustainable Development Green Bonds 2019/10/10
Investor demand for 10bn - The bonds are linked to two of the UN Sustainable Development Goals, SDG 7 and 13, underlying Enels move to implement an increasingly sustainable finance strategy. Alberto De Paoli, CEO: There is a clear link between sustainability and value creation, as by investing in environmentally and socially sustainable projects companies can secure high profitability and minimise risks, while contributing to the achievement of SDGs."
Up-date on German Climate Policy: half-hearted action - no sense of urgency2019/09/27
last week's proposal good enough to speak at UN last Monday, this proposal is the joint position of Social Democrates and Conservatives in the federal government - no draft act tabled, 60 partial actions; introduction of CO2 price but, at fraction of market price, and in 3 years; worries about additional cost for consumers. Most of the proposed activities need the approval of the upper house where the States have a direct vote. Government needs to abolish 7% surcharge tax for German re-unification after 30 years. People are aware that is cheaper to act now than to wait, and more promising.