Foresight Solar Fund bought Wymeswold Solar Plant located in Leicestershire for GBP43.7 million in a deal financed from initial public offering (IPO) proceeds raised in October.
Clean Technology
Private equity firms turn away from renewable energy investments- report
A report from the Financial News website said private equity companies were now looking for investments in fossil fuels prompted by large discoveries of shale gas in the US.
What to watch in the week ahead
Investors remain inclined to take markets higher in the absence of anything that would suggest equities should fall. The market seems to have hit a stage where strong data helps and weak data affirms the Fed's intentions to keep policy accommodative, which also helps stocks.
Clean-technology company Therma Flite obtains USD7.5 million funding
Clean-technology company Therma-Flite recently closed a major funding round with Canadian private equity and venture capital firm XPV Capital. Therma-Flite said it raised USD7.5 million in financing.
Top deals of the day - Mergers & Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
Latest News
Allete Clean Energy, a subsidiary of US power company Allete, recently announced its acquisition of three wind farms located in Minnesota, Iowa, and Oregon, for USD27 million.
Accredited investors from The Williams Financial Group participated in the Series C round for Dallas-based Cleantech IT innovations firm Servergy Inc which closed with USD 20 million.
A 68-megawatt portfolio of biomass power plants located in New South Wales, Australia was acquired by Asset manager, Capital Dynamics.
Queenslands' Gambling Community Benefit Fund (GCBF) set the deadline for grant appication for solar power providers on November 30.
Deutsche Bank AG said that new rules would not foster business but in the past week alone it had agreed on a couple of business related loans.
NewWorld Capital made a strategic investment in Astrum Solar together with CCM US and Constellation.
Project Frog obtained USD 20 million from venture capitalists for its Series D financing round. San Francisco, California-based Project Frog was able to raise USD 20 million for its Series D round.
Energy Excelerator, a new startup program in Hawaii, poured USD5 million into 15 innovative firms for the development of clean energy.
A working capital facility was made available by Black Pearl Capital Fund for Ennovar's production.
