It's difficult to keep up with everything in the cleantech space right now. Probably a good thing. Here are some items to note:
- Renewable Ventures got sold to MuniMae. It's a bit surprising, given that RV (mostly involved in solar project finance) had just finished arranging a $100mm pool of capital back in February. Does this signify the potential beginnings of a period of fund acquisition in the cleantech space, as other investors look for ways to get a jump start on getting into the market? RV continues to recruit and hire, by all reports, so they're clearly still planning to be very active.
- GridPoint announced a $16mm Series B, led by the Altira Group, and also including Contango Capital Management and Advantage Capital Partners, adding onto a large number of angel investors. We've discussed the company's home energy storage/ management appliance in the past, when they raised $9mm back in November.
- Since about a dozen folks have forwarded around bits and pieces of the NYT special section on green business today, here's a handy link.
Other interesting tidbits:
Sorry, Bob, "Enertech" is
already taken. But Bob Metcalfe's post is well worth checking out for his perspective on the possibility of an "energy bubble"... Here's an
interesting interview with a silly title...
More evidence of large acquisitive players being active in the cleantech market...
Here's a link to the pdf of E2's report on cleantech clusters (just for you, Matt Marshall)... Lastly,
a solar IPO you may not have heard of...
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