Energy Efficiency Sector M&A to 'Explode'

Source:  Cascadia Capital Newsletter,  July 2011.  Cascadia Capital’s quarterly review, Sustainable Industries, reports that capital moved from the biomaterials/biofuels and solar sectors and entered the less capital intensive energy efficiency sector in the second quarter of 2011.  Cascadia Capital believes the sector “has come of age” and “will explode with M&A transactions” during the third quarter.

There were 113 North American cleantech investments totaling $1.42 billion during the second quarter of 2011, down 10 percent from the prior year.  The top sectors were energy efficiency, solar, and biofuels/biomaterials.

Globally, there were 86 M&A transactions in clean energy.  Thirty-one of these deals were disclosed and they totaled $13 billion.  China led in project finance with 110 projects with a value of $10.0 billion compared to the US with 34 projects valued at $8.2 billion.  Globally in the second quarter, total financing of new build clean energy assets totaled $35.3 billion.

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