最近の投資ネタも満載です。

DFJは130m積み足して400mになりました。

一流どころが蠢いています。



http://media.cleantech.com/3179/ge-pours-more-cash-cleantech

GE pours more cash into cleantech

July 31, 2008 - Exclusive

By David Ehrlich, Cleantech Group

Spanish solar gets a big boost from GE Energy Financial Services, along with 16 other deals we spotted over the past week.

Fairfield, Conn.-based General Electric (NYSE: GE) continued its cleantech investments this week with a move into Spanish solar.

The company's GE Energy Financial Services unit teamed up with Spain's Grupo Corporativo Landon to invest approximately $350 million in Fotowatio, a Madrid-based solar power project developer.

The deal comes on the heels of another cleantech deal from General Electric, which last week formed a multi-billion joint venture with Abu Dhabi's Mubadala Development that covers clean energy research and development, commercial finance and aviation.

Under that partnership, GE will put up to $50 million into a clean tech fund controlled by Mubadala's Masdar initiative, and will establish a clean energy technology center in Masdar City (see GE teams up with Abu Dhabi on cleantech).

Fotowatio, formed in 2004, has almost 60 megawatts in operation in the Spanish towns of Trujillo, Arroyo de San Serván and Olmedilla de Alarcón, and more than 900 MW in development in Spain, Italy and the U.S.

GE Energy Financial Services will invest $235 million in equity and convertible debt to acquire 32 percent of Fotowatio, with Grupo Corporativo Landon, a family-owned Spanish holding company with diversified investments, putting up $118 million in equity to acquire 17.5 percent.

Qualitas Venture Capital and Fotowatio's management will hold the remaining 50.5 percent.

Deals we saw over the past week:

- GE Energy Financial Services, a unit of Fairfield, Conn.-based General Electric, has teamed up with Madrid's Grupo Corporativo Landon to invest approximately $350 million in Fotowatio, a Spanish solar power project developer. Fotowatio owns, operates and is developing almost 960 megawatts of solar projects in Spain, Italy and the U.S. GE Energy Financial and Grupo Corporativo Landon will hold 49.5 percent of Fotowatio, with existing investors Qualitas Venture Capital and Fotowatio's management holding the remaining stake.

- London's zouk said that its Cleantech Europe fund has agreed to increase its shareholding in Bangalore, India-based Orb Energy by purchasing shares held by Renewable Capital. The financial terms of the deal were not disclosed. Orb Energy operates in product development, assembly, sales, marketing, installation and servicing of solar systems.

- London-based BP (NYSE: BP) has decided not to spin off its investments in renewable energy, which includes interests in solar, wind and biofuel. In February, the company hinted that it might be considering a sale of the its alternative energy business in a strategy update with analysts. To offer more more transparency on its renewables holdings, BP plans to open up more information for investors in February 2009 (see BP to hold on to its renewables).

- Phoenix Solar, a Sulzemoos, Germany-based photovoltaic systems integrator, has acquired the remaining 51 percent of the Italian solar systems integrator RED 2002 it did not already own. Phoenix did not reveal the financial terms of the deal. The company has held 49 percent in RED 2002 since January 2006.

- Ottawa-based Sustainable Development Technology Canada has awarded Cdn$57 million in funding to 19 Canadian cleantech projects spanning energy generation, biofuels, advanced materials, water and more. The projects include Vancouver, British Columbia-based Clean Current Power Systems, which plans to demonstrate its commercial scale tidal turbine; Kingston, Ontario's Pathogen Detection Systems for the development of a portable microbiological water monitoring system; and Charlottetown, Prince Edward Island's Atlantec BioEnergy for a beet-powered pilot scale ethanol biorefinery (see Cleantech gets a boost in Canada).

- Vancouver, British Columbia-based Xantrex Technology (TSX: XTX), which manufactures advanced power electronic products and systems for the renewable, programmable, and mobile power markets, announced that the bulk of the company will be acquired by France's Schneider Electric for approximately Cdn$500 million in cash. As a condition of the deal, Xantrex will divest its programmable power business, selling the San Diego-based unit to Paoli, Penn.'s Ametek (NYSE: AME) for Cdn$120 million in cash (see France's Schneider Electric grabbing Xantrex).

- Boulder, Colo.-based Tendril Networks is reportedly seeking to raise $50 million in a new round of funding. The smart meter developer previously raised $12 million in a Series B round earlier this year led by RRE Ventures, with return backers including Access Venture Partners, Appian Ventures and Vista Ventures. Tendril just released Tendril Residential Energy Ecosystem, which consists of hardware and software solutions designed to support smart energy devices for the home.

- Bank of America (NYSE: BAC), headquartered in Charlotte, N.C., has made a strategic investment in Philadelphia-based technology and services company Field Diagnostic Services, and said it plans to deploy Field Diagnostic's energy management system in thousands of banking centers nationwide to reduce greenhouse gas emissions and cut energy costs. Bank of America did not disclose the size of its investment, but said it's part of the bank's $20 billion, ten-year environmental commitment to promote sustainability in its operations and through its lending, investing and new products and services.

- Ottawa-based Cyrium Technologies, a developer of high efficiency multi-junction solar cells for concentrator photovoltaic systems, has closed a $15 million Series B round of funding led by the Quercus Trust. Return investors BDC Venture Capital, Chrysalix Energy Venture Capital, and Pangaea Ventures also participated in the round. Cyrium already received a boost earlier in the week when it received some cash from Sustainable Development Technology Canada, which awarded Cdn$57 million in funding to 19 Canadian cleantech projects.

- Houston's Hydro Green Energy, a hydrokinetic power developer, said its negotiating a Series B round of funding and expects to close by the end of this year. The company is reportedly looking to take in $70 million for its second round. In April, Hydro Green closed a $2.6 million Series A, led by the Quercus Trust. Hydro Green recently announced that it will work with Louisiana's Wind Energy Systems Technology Group to explore hybrid offshore wind-ocean current power projects in the Gulf of Mexico.

- Houston's Waste Management (NYSE: WMI), the top waste and environmental services company in the U.S., reiterated its intention to grab the No. 2 company, Fort Lauderdale, Fla.'s Republic Services (NYSE: RSG). But Republic's board has adopted a poison pill that will block anyone from buying more than 10 percent of Republic's stock without board approval. For anyone already holding 10 percent of Republic, the new rule blocks the acquisition of more than 20 percent of Republic shares (see Waste Management still gunning for Republic).

- Kitchener, Ontario-based Vigor Clean Tech announced the acquisition of a 50 percent stake in Lucid Energy Technologies in Goshen, Ind. Financial terms of the deal were not disclosed. Lucid designs, engineers, and sells hydrokinetic power generation systems. Lucid's headquarters will remain in Goshen with a branch office in San Antonio, Texas, and a new satellite office in Kitchener. Vigor will share ownership of Lucid with Lucid's long-standing partner, San Antonio-based GCK Technology.

- Voltaix, a Branchburg, N.J. manufacturer of materials designed to enhance the performance of semiconductor chips and solar cells, raised $12.5 million from Intel Capital. This is the third recent solar deal from Intel (Nasdaq: INTC), which earlier this month invested €24 million in Berlin-based thin-film solar company Sulfurcell. In June, Intel announced the spin-off of its solar assets to form an independent photovoltaic cell maker called SpectraWatt, leading a $50 million investment round in the newly-formed company.

- Bend, Ore.-based Vulcan Power, which holds geothermal properties in the western U.S., announced that Boston's Denham Capital will invest $145 in the company. Vulcan said the funding will allow it to continue to develop geothermal property with the potential to generate 900 to 2,000 megawatts of power (see Vulcan Power gets funding for geothermal).

- Waste Remedies, a St. Louis-based waste management consulting firm, has raised $7.25 million from Advantage Capital Partners and Southwest Bank. Founded in 1995, Waste Remedies provides consulting, management and brokerage services for waste removal. The company said the funds will be used to support its continued growth.

- Radnor, Penn.-based Element Partners reportedly held a $130 million second close for its second fund. This would bring the total raised to $400 million. The venture capital firm focuses on early and later-stage cleantech and energy opportunities.

- Carlsbad, Calif.-based electric car maker Aptera Motors raised more than $24 million in a Series C round of funding. The news came a day after Google.org, the philanthropic arm of Mountain View, Calif.-based Google (Nasdaq: GOOG), announced its first investments under its RechargeIT initiative, including some cash for Aptera and Austin, Texas, battery developer ActaCell. In addition to Google.org, Aptera's investors include Idealab, Esenjay Investments, the Simons family, and the Beall Family Trust (see Aptera pulls in over $24M in funding).