Monday, April 2, 2007

NEF's Q1 global cleantech private equity numbers

Interesting numbers released today from NEF, who track dealflow alongside other efforts we've discussed here before (Cleantech Venture Network, Nth Power, etc.):
  • $2.2B total private equity financings into clean energy worldwide in Q1. That's 58% above Q1 2006 totals and 60% higher than Q4 2006.
  • Helpfully, they note that the big totals were driven in large part by three major transactions: Silicium de Provence ($394mm) and Solyndra ($79mm) in solar, and Imperium Renewables ($113mm) in biofuels.
  • Differentiating between VC and private equity, "early stage venture capital" was tracked at $303mm (23% higher than Q1 2006), with Series A and seed tracked at $80mm -- "almost double" Q1 2006, but around half of Q4 2006's $159mm.
  • Interestingly, PIPEs grew sharply, at $446mm, about triple from a year ago.
  • Also a little bit of a dampening in the IPO market, with $899mm raised in initial offerings.
Lots more info found here (note: opens a pdf).