Greentech M&A Rises 55% in 2010
jhdoyleii's Blog
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Today we released our annual greentech M&A report, which is available on our website. In an up-and-down year for U.S. greentech M&A, 371 mergers, acquisitions, and capital raises were posted in 2010 for a reported total of $14.7 billion — 55% higher than in 2009. Energy efficiency was a clear benefactor from a shift in investor interest from megawatts (renewable energy generation) to negawatts (saving energy), while smart distribution led the M&A front with a string of smart grid acquisitions made by large corporations jostling for position in this growing market. Meanwhile, valuations crept downward as uncertainty in U.S. energy and climate policy challenged investor confidence in the cleantech sector. To read the full report, follow this link: http://bit.ly/eR2yoN.
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