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Cleantech

Green Pine invests Dingchu for energy conservation

Shenzhen-based PE firm Green Pine Capital partners has invested RMB30 million ($4.4 million) into Hangzhou Dingchu Technology Co. Ltd., an energy conservation and water-recycling business, for a 25% stake in the company.

  • Greater China
  • 09 August 2010
Japan's INCJ launching new VC funds

Innovation Network Corporation of Japan (INCJ), the government-owned fund, plans to launch intellectual property venture funds with special focuses including biotech, slating the end of this year.

  • Fundraising
  • 05 August 2010
Legend Capital invests in Yixintang Drugstore and eBen

Beijing-headquartered VC firm Legend Capital reportedly aims to invest RMB150million ($22 million) in Yixintang Drugstore, the seventh-largest drugstore chain operator in China, to support its expansion in the region.

  • Early-stage
  • 30 July 2010
Peepul Capital invests $11.8 million in Aqua Designs

Peepul Capital Fund II has invested INR55 crore ($11.8 million) in Indian water treatment company Aqua Designs India, funding intended to finance development projects, expansion and future acquisitions.

  • Investments
  • 16 July 2010
IFC will inject $152 million in China wind power project

The International Finance Corporation (IFC) will inject $152 million as a long-term loan to Guazhou Xiehe Wind Power Co., Ltd., a project company invested by China WindPower (CW), a PRC-listed integrated wind power generation company.

  • Expansion
  • 15 July 2010
IFC, FE Clean invest Bhilwara Energy

The International Finance Corporation (IFC) and Indian private equity firm FE Clean Energy have jointly invested $50 million 50:50 into Noida-headquartered Bhilwara Energy Ltd., a hydroelectric power and manufacturing group, for a 10.8% stake.

  • South Asia
  • 12 July 2010
CIC-AES JV out of wind

PRC SWF the China Investment Corporation (CIC) has jointly announced with $14 billion Virginia-headquartered global power giant AES Corp. that their non-binding letter of intent for CIC to take a 35% stake in AES Wind Generation expired at the end of...

  • Cleantech
  • 08 July 2010
IFC, SN Power team on fund for Vietnam renewable energy

The World Bank’s private sector arm International Finance Corporation (IFC) and Norwegian investor SN Power have jointly launched a fund focused on renewable energy initiatives in Vietnam.

  • Funds
  • 07 July 2010
First Eastern makes second investment in Wuhan

First Eastern Investment Group, the pioneering Hong Kong-based private equity firm, has made a capital injection of RMB100 million ($14.8 million) into Wuhan STDS Environment Tech Co., Ltd. in China.

  • Early-stage
  • 05 July 2010
Cleantech Q&A: Capital Dynamics

David Scaysbrook, founder of Novera Energy, and now MD of the new Clean Energy and Infrastructure team at $21 billion asset management firm Capital Dynamics, talks about the group’s new direct investment focus on the cleantech space.

  • Cleantech
  • 29 June 2010
Capital Dynamics launches Oz-led cleantech platform

Switzerland-headquartered private equity asset management firm Capital Dynamics is launching a cleantech direct investment initiative, to be led initially from Brisbane in Australia, the base for David Scaysbrook, newly appointed MD in the Clean Energy...

  • Cleantech
  • 21 June 2010
JAFCO Asia, Mitsui, CEL invest Prudent Energy in China

PRC energy storage business Prudent Energy has announced that pan-Asian VC investor JAFCO Asia, Japanese VC firm Mitsui Ventures and European growth capital investor China Equity Links (CEL) Partners, as well as other investors, will invest a total of...

  • Early-stage
  • 18 June 2010
CLSA invests Norway with desalination company Aqualyng

CLSA Capital Partners has invested $8 million for a minority stake in Norwegian desalination company Aqualyng Holding, as part of the latter's efforts to raise $24 million of capital.

  • Investments
  • 09 June 2010
JAFCO Asia plans fifth tech-focused fund

JAFCO Asia is targeting early 2011 to begin fundraising for its fifth fund totaling $150 million, according to reports.

  • Fundraising
  • 04 June 2010
Sindicatum Carbon preps pre-IPO placement

Sindicatum Carbon Capital, a Singapore-headquartered clean energy projects developer, has announced that it is preparing a $100 million private placement with three private equity firms prior to its planned listing.

  • Southeast Asia
  • 20 May 2010
PEP bids against Hands for UK's Biffa

An investee of Australian buyout firm Pacific Equity Partners (PEP) is reportedly bidding against a rival backed by Guy Hands' Terra Firma Partners to acquire the landfill gas unit of UK waste management and waste power company Biffa.

  • Australasia
  • 19 May 2010
VC-backed Jinko Solar disappoints at IPO

VC-backed Chinese solar company Jinko Solar Holding Co. Ltd., could not raise its expected target from its IPO on the New York Stock Exchange; selling 5.84 million American Depositary Shares for $11, the bottom of an expected price range up to $13,and...

  • Exits
  • 17 May 2010
Japan's INCJ makes second VC deal in chip firm

The Innovation Network Corporation of Japan (INCJ), the state-run fund backed by local corporate capital, will make its second VC investment, in Genusion Inc., a local fabless flash memory developer.

  • Expansion
  • 06 May 2010
IFC may back Asia water fund

The International Finance Corporation is considering an investment into the AmKonzen Asia Water Fund, a new Singapore-based vehicle targeting to raise up to $100 million for investments into PRC and Southeast Asian water projects.

  • Southeast Asia
  • 06 May 2010
china-s-traditional-power-problem-a-coal-power-station-in-the-prc
China/Asia clean energy investing: the control conundrum

Perspectives on green investing in China and beyond

  • Greater China
  • 05 May 2010
JPMorgan Chase plans China VC firm

US financial institution JPMorgan Chase & Co. reportedly is ready to establish a venture capital firm in China, with official authorization from PRC financial regulators and the Beijing government.

  • Venture
  • 03 May 2010
china-s-highest-wind-farm-in-yunnan-province
The framework for green investing

Regulatory developments in Asia as China, India lead

  • Cleantech
  • 27 April 2010
IFC invests in CLSA green fund

The International Finance Corporation (IFC) has announced it will commit up to $25 million to CLSA Capital Partners’ Clean Resources Asia Growth Fund, a pan-regional fund targeting clean energy technology investments.

  • Fundraising
  • 26 April 2010
Origo signs Xinxiang RMB enviro fund MOU

Origo Partners, an AIM-listed China and India-focused investment firm, has signed an MOU with the Xinxiang Municipal Government in Henan province in northeast China, to set up the RMB-denominated Origo China Sustainable Development Fund.

  • Greater China
  • 23 April 2010
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