Cleantech
BTS targets new $150 million Indian clean energy fund
BTS Investment Advisors, a private equity fund jointly headquartered in Zurich and Mumbai, will raise a new $150 million fund focused on the clean energy space.
IFC to support Indian hydro with AD Hydro Power
The World Bank’s private investment arm, International Finance Corporation (IFC) has announced it will extend $15 million of equity and $67 million of debt to AD Hydro Power Ltd., a 192-MW project in Himachal Pradesh under joint development by Bhilwara...
WI Harper leads Jiangsu glass fiber round
WI Harper Group has led the first institutional round of investment into Jiangsu Chuangzhou CTC Technical Fabrics, a PRC glass fiber manufacturer, for an undisclosed amount.
HSBC investee JinkoSolar files for $100 million NYSE IPO
PRC solar company JinkoSolar Holding Co. Ltd. has filed for an NYSE IPO of up to $100 million. The company is partly owned by an affiliate fund of UK lender HSBC.
Starfish, Innovation back Australia's Audinate
Australian VCs Starfish Capital and Innovation Capital have led a A$4 million ($3.6 million) new funding round for their investee Audinate Pty Ltd., a digital networking solutions developer.
Global cleantech money for Abu Dhabi
The DB Masdar Clean Tech Fund, a private equity fund jointly set up by Abu Dhabi’s energy group Masdar and Deutsche Bank, has raised $265 million for its first close from globally well-known LPs, including Credit Swiss, Siemens, Japan Oil Development...
Nature Elements targets $400m for PRC cleantech
In yet another sign-of-the-times development, Nature Elements Capital, a Chinese investment firm founded by KK Chan, has announced that it will raise up to $400 million in a new China clean energy private equity fund.
ARC partners with Westly for RMB cleantech
California-based venture firm Westly Group is partnering with ARC China Holdings, a Hong Kong-based fund manager, to launch an RMB-denominated private equity fund, in the continuing trend to create RMB partnerships between Greater China funds and foreign...
Yes Bank and GEF to co-pilot new cleantech fund
Copenhagen discord aside, investors are said to be flocking to top up a new $200 million clean/green technology fund to be jointed administered by Indian private bank Yes Bank and noted US-based private equity player Global Environment Fund (GEF), recently...
Anticlimax in Copenhagen
The long-awaited Copenhagen climate conference delivered much sound and fury – but few substantive results.
StanChart gets solar with Sangle
Standard Chartered Private Equity Ltd. (SCPEL), the Singapore-based investment subsidiary of Standard Chartered Bank, has made a $22.3 million investment in Sangle Solar Energy Co. Ltd., a Chinese maker of branded solar water heaters based in Shandong...
Youku Series E nets $40 million
A Series E fundraising round for Chinese online video site Youku.com has raised around $40 million in its first tranche, with Chengwei Ventures leading fellow repeat investors Brookside Capital, Maverick Capital and Sutter Hill Ventures.
IFC, S&P launch emerging markets carbon index
The International Finance Corporation (IFC) and Standard & Poor’s have partnered to launch the S&P/IFC Carbon Efficient Index, a carbon efficiency index for emerging markets companies intended to drive carbon emission reductions in developing countries....