Profile
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.
CleanTech Capital
Stormstrasse 39
DE-65719 Hofheim am Taunus
Germany
Tel.: +49 176 4565 9975
Fax: -
office@cltcap.net
News
Austria completed exit from coal energy production
2020/04/17Last Austrian coal power plants ceased production, the 34 year old Mellach power plant had an installed electrical power capacity of 245MW and 230MW district heating - Wolfgang Anzengruber, CEO: "The power generation from coal in Austria is history. The future belongs to renewable energy ..." Austria became the 2nd European country after Belgium to complete the coal power exit. The share price of the no. 1 Austria power generator (51% state-owned) rose 10% on Friday, now up >33% from its low in March and now only 20% (30%) off its peak reached in Feb 2020 (Sep 2019). It is still trading up 300% from its low reached during the power price crisis in 2016.
Iberdrola plans 4.5GW of new capacity and €10bn investments in 2020, plus 20% from last year
2020/04/03First virtual General Meeting without the physical presence of shareholders or their representatives with 77% quorum - Ignacio Galán, president: “In the last few days we’ve brought forward over €3.8bn in orders ..., with purchases in progress for delivery by 2023 standing at more than €20 billion,” Iberdrola has commissioned approx. 32GW RE capacity. It had to temporarily stop the construction of solar and wind plants in Spain.
EnBW and RheinEnergie sold its combined 45.1% stake in regional utility MVV for €755mn
2020/04/02Australian infrastructure investor First State Investment, a unit of Mitsubishi UFJ Financial Group paid €25.43 p.sh. - Closing Price today was €26.20, six weeks ago it stood at €29. The sale process started in Oct 2019 in accordance with all involved parties. EnBW upgraded its long-term strategic minority stake two years ago to a qualified minority by taking over a 6.28% stake from Engie, upsetting MVV which is controlled by the City of Mannheim. German takeover law requires the buyer to make a public tender offer to all shareholders. However, free float is only 4.8% and the City of Mannheim will keep its controlling stake.
52% of Q1/2020 electricity consumption covered by renewable energy in Germany
2020/04/01up from 44.4% a year ago, according to preliminary estimates issued by ZSW and BDEW today - Based on the total power production of almost 158 TWh (158 bn KWh) the RE share was 49% or approx. 77 TWh. RE contributed approx. 10 TWh more, non RE resources approx. 20 TWh less. Wind energy contributed approx. 52 TWh, thereoff offshore wind 9 TWh, biomass 11 TWh, solar pv 7 TWh, hydro 5 TWh, and municipal waste or geothermal 2 TWh. Approx. 9 TWh were exported.
Spanish RE Developer Acciona to build 1GW wind farm in Australia in PPP with CleanCo
2020/03/261,026 MW MacIntyre Wind Farm Precinct near Warwick in South West Queensland - Queensland’s publicly owned RE generator CleanCo will build, own and operate 102MW (18 5.7MW turbines) and contract a further 400MW through a 10 yrs PPA with Acciona resulting from the Queensland Government’s Renewables 400 initiative. 926 MW will be build, owned and operated by Acciona. Construction will start in 2021 and should be fully operational by 2024. The wind farm will spread over 36,000 ha of leased sheep farming land.