With recent data from Bloomberg New Energy Finance reporting that cleantech investment soared by more than 16% in 2014, it seems that the global clean energy market is going from strength to strength.
In response to this news, Ian Thomas, managing director at Turquoise International – a leading merchant bank specialising in energy and the environment – commented: “With a global value now pushing nearly $310bn, the cleantech sector is experiencing welcome growth. Whilst this is mainly due to continued investment in wind and solar, under the headline number there are very interesting and encouraging developments in other technologies and markets.
“At Turquoise, we are delighted by this data, as it highlights a step up in the maturity of the cleantech and renewables sectors at a time of turmoil in the traditional energy industry. We believe innovation is key to achieving a sustainable future for our energy landscape, so welcome wholeheartedly the inflow of new investment.
“This strong upsurge reflects more projects moving from feasibility to final stages, as well as increased levels of support for smaller companies looking to break into the market with new and exciting technologies.
“Through our corporate finance advisory work and management of the Low Carbon Innovation Fund (LCIF), we are seeing increasing levels of interest in funding energy and environmental projects from multimillion pound infrastructure scale investments through to start-up companies seeking seed funding. Via this activity, we will continue to support the clean energy sector and the innovative projects of tomorrow.”
About Turquoise International
Turquoise International is a merchant bank specialising in energy and the environment. Established in 2002, Turquoise offers in-depth industry knowledge and extensive capital raising, transaction advisory, and investment management expertise and track record.
For capital raising, our advisory clients are predominantly private companies or listed companies seeking funding via private placements across a range of business segments including technology, project development, manufacturing and services.
Turquoise assists clients in raising funds across the capital structure including equity and debt. We source funds for our clients from a diverse range of investors located in Europe and internationally.
Turquoise advises corporate clients and their shareholders on transactions such as mergers, acquisitions, disposals and joint ventures assisting in areas such as strategy, identification of opportunities, valuation and transaction execution.
In fund management, Turquoise provides a range of services to investors, ranging from advice in relation to individual investments to discretionary investment management for a portfolio of investments.
Turquoise invests directly through Turquoise Capital (seed stage proprietary investments) and manages the Low Carbon Innovation Fund.