SAN FRANCISCO, Calif. (BUSINESS WIRE) – January 20, 2015 – CLEAN POWER CAPITAL (“CPC”) is pleased by Governor Brown’s plan for expanding California’s renewable energy standard and recognizes the economic prosperity that will result from it. Additionally, as a San Francisco-based company, CPC is particularly well suited to support clean technology corporations and renewables projects with well-structured financing for companies seeking to leverage California’s stated goals through innovation and renewable energy solutions.
“By being headquartered in San Francisco and solely focused on CleanTech corporate and Renewable project financing, we are in the best position to effect funding in California”, says CPC’s Managing Partner, Mark D. Hill. “At the end of the day, long-term investments into renewable energy is good business, and makes us less reliant on the often volatile oil and gas markets. The time has come for clean energy proliferation, it simply makes the best sense economically moving forward.”
The new mandate, which requires 50% of California’s electric power to be sourced from renewables by 2030, is a game-changer. It builds upon the foundation already in place for long-term environmental responsibility and provides new investment opportunities in sustainable and profitable CleanTech corporations as well as renewable projects across a wide array of subsectors including waste-to-value, energy efficiency, storage and smart grid, water and agriculture (“AG 2.0”), and to alternative fuels and energy including wind and solar.
While political mandates have proven to be a significant impetus for growth in the renewable energy sector, the industry is no longer dependent on handouts and subsidies: investments in the proliferation of renewables simply makes good business sense. According to a recent Forbes article, even with oil and gas prices tumbling by nearly 40%, the demand for renewable energy will continue. “Oil can mean energy, but energy doesn’t mean oil… From an economics perspective, oil and renewables are not substitutes: when the price of one decreases, demand for the other does not decrease” This could not be more true as Governor Brown’s plan comes into effect; through public/private partnering, renewable energy can now cost less than oil and gas, even with current market conditions.
Today, the financial mechanisms for growth in renewable energy are in place to provide “creative financing mechanisms, new asset classes, and public/private market solutions that facilitate capital engagement are making clean energy investing more accessible and more secure than ever.” CPC’s resources, experience, and location stand ready to help companies seeking to benefit from the incentives provided by the regulatory mandates ahead.
CLEAN POWER CAPITAL (“CPC”) is a private investment bank committed to servicing clients in the accelerating Clean Technology and Renewables markets across a wide array of subsectors; from waste-to-value, energy efficiency including storage and smart grid, to alternative fuels and energy, to water and agriculture.
The firm prides itself on providing well-structured Corporate and Project financing by accessing the international finance markets to ensure the most competitive and strategic sources for debt, equity and tax equity investment on behalf of our clients. CPC specializes in finding optimum solutions in financing for both private and public companies with growth capital needs of $5 million to over $100 million, as well as projects and project portfolios with financing needs of $20 million to over $500 million. Our experienced senior banking team have provided lending services and participated in funding Technology businesses and Renewable projects totaling over $2.1 billion for growth capital, working capital, assets, licensing, mergers & acquisitions (M&A), Initial Public Offerings (IPO), and other financing events.
For more information please see www.cleanpowercapital.net.
Clean Power Capital, LLC