Strategic Financial Advisory firm strengthens its commitment to identifying, advising and funding essential and innovative companies and projects.
SAN FRANCISCO, Calif. (BUSINESS WIRE) – June 25, 2015 – CLEAN POWER CAPITAL (“CPC”), a strategic and financial advisory firm dedicated to clean technology corporate and renewable project financing, sits at the forefront of the reinvigorated interest of large financial institutions for emerging companies and projects. Despite the misfortunes of the last decade incurred by investors in these industries, a reconstituted confidence in the economic viability and access to the credit markets for cleantech companies and renewable energy projects is increasingly more evident.
On June 16, 2015, the Obama Administration announced that over $4 billion in independent commitments have been made by “major foundations, institutional investors, and other long-term investors to fund climate change solutions, including innovative technologies with breakthrough potential to reduce carbon pollution.” This figure is more than twice the amount initially proposed by the Administration earlier this year in its Clean Energy Investment Initiative. Furthermore, leading financial institutions like, the Rockefeller Brothers Fund, are divesting their investments from the fossil fuel industry altogether.
This interest and available funds will drive economic growth and create new industries in the United States, but a similar interest and regained confidence is also apparent globally. “A renewed drive and commitment towards a clean economy continues to be solidified amongst world leaders and international financial institutions,” said Wendy J. Merrill, Senior Advisor for Business Development at CPC who also has served on the Consultative Group for International Agricultural Research, a Division of the World Bank. “Multinational development banks have committed over a $100 billion, including a combined $28 billion in 2014 alone, towards initiatives and companies furthering everything cleantech, from energy and water efficiency, to renewable energy, and sustainable agriculture.”
Kristina Peterson, CPC’s Senior Advisor for Project Financing and former Vice President of Structured Finance at several divisions of ABN AMRO Bank in the U.S. and Middle East, agrees. “Many developing economies are now seeing substantial investments in clean energy projects from multilateral and other infrastructure investment entities. This is truly a game changer for the proliferation of renewables, especially in the developing world. The trend is further evidenced by SoftBank’s recent $20 billion commitment to solar projects and electrical infrastructure upgrades in India.”
“The renewed confidence in and availability of funds for environmentally responsible businesses, from water, to energy efficiency via the internet of things, to battery storage; are being enabled by two key drivers: 1) cleantech companies, having proven technologies, are now laying out solid plans for longevity via sizable total addressable markets that continue to expand; 2) financial institutions are more knowledgeable than ever on what makes a cleantech company or projects bankable. This enables companies to access the capital markets at a lower cost which drives higher returns and enterprise value forward. There are more funding sources with reasonable terms competing for quality opportunities than at any time in the last 30 years,” said Roy Schwartz, Director of Project Financing at CPC. “With CPC’s breadth of experience in the cleantech and renewables sector and proven expertise in the investment banking world, we are in prime position to connect financial institutions with self-sustaining companies and projects.”
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