The UK solar market ‘is going to come to a grinding halt’ when the Renewables Obligation (RO) comes to an end in March 2016, according to a London-based merchant bank Turquoise International’s Managing Director Francis Wright. Source: Clean Energy Pipeline
Turquoise International will look to launch a second fundraising round in 2016 after it closes investments in its first Low Carbon Innovation Fund at the end of this year, Ian Thomas, the Managing Director at the UK fund manager and financial advisory firm, told Clean Energy Pipeline today. Source: Clean Energy Pipeline
The Low Carbon Innovation Fund (LCIF) – managed by specialist energy and environment merchant bank, Turquoise – has realised its second successful exit, achieving almost 2.5 times its original investment and a 60% IRR on the sale of its stake in Colchester-based solar developer and EPC contractor, Push Energy.
Dearman, the clean cold technology company, is to receive a £2 million investment from Coast to Capital, via its ‘Growing Places Fund’.
Experience shows that the clean energy and environmental industries are difficult sectors in which to build successful companies. Ian Thomas, a Managing Director of Turquoise, talks about the importance of sound financial strategy in these kind of ventures.
Clean Energy Europe Finance Guide 2015 – Full report sponsored by Turquoise
With work on the world’s first successfully financed large-scale tidal turbine project – The Pentland Firth MeyGen stream – set to soon commence, it seems that marine scale deployment, project finance and secure investment remain a key concernenergy generation is finally becoming a viable funding opportunity for investors worldwide. However, as the industry transitions from…
Turquoise International was the most active VCPE investor in renewable energy companies in 2014 by the number of investments made.
Tax changes and developing investment channels have focused the investor spotlight on startups, so much so the moneymen are ploughing more cash than ever into new ventures
According to recent figures from the UN Environment Programme (UNEP), global clean energy investments grew 17 per cent in 2014, reversing two year continued decline. Findings from the Global Trend in Renewable Energy Investments repost detail a worldwide surge – seeing total investments reach more than US $270 billion and recognising a significant upturn in…