DEALTALK-FACTBOX-Global cleantech investment banking deals

Wed Jul 16, 2008 9:33pm EDT
 
[-] Text [+]

TOP 5 GLOBAL RENEWABLE ENERGY IPOs SINCE JAN 2007

: * Iberdrola Renovables SA (IBR.MC) (Energy & Utility): $6.5 billion * EDP Renovaveis SA (EDPR.LS) (Energy & Utility): $2.4 billion * Cosan Ltd (CZLT11.SA) (Food & Beverage): $1.2 billion * SMA Solar Technology AG (S92G.DE) (Technology): $568 million * LDK Solar Co Ltd (LDK.N) (Technology): $486 million

TOP 5 GLOBAL RENEWABLE ENERGY M&A DEALS SINCE JAN 2007 * Legal & General Group Plc and Legal & General Investment Management Ltd acquired stake in BP Plc (BP.L) (Oil & Gas): $10 billion * Energais de Portugal SA acquired Horizon Wind Energy LLC (Energy & Utility): $2.3 billion * Q-Cells AG (QCEG.DE) acquired stake Renewable Energy Corp ASA (Technology): $2.2 billion * Scottish & Southern Energy Plc acquired Airtricity Holdings Ltd (Energy & Utility): $2.1 billion * State Administration of Foreign Exchange acquired stake in BP Plc: $2 billion

BANK DEALS:

* $200 million private placement of common stock of Brenco, a Brazilian ethanol company backed by venture capitalist Vinod Khosla (Goldman Sachs)

* $6.5 billion IPO of Iberdrola Renovables SA, a Spanish electricity company (Morgan Stanley, Credit Suisse, Merrill Lynch, JPMorgan, others)

* $332.5 million acquisition of PowerLight Corp by SunPower Corp SPWR.O (Lehman Brothers advised SunPower, Morgan Stanley advised PowerLight)

* $1.4 billion sale of Airtricity North America to E.ON AG EONG.DE (Credit Suisse)

* $35 million principal investment in Vulcan Power Company, a geothermal power development company (Merrill Lynch, through Merrill Lynch Commodity Partners)

* $100 million IPO of Ocean Power Technologies (OPTT.O), which is developing a technology to generate electricity from waves (UBS AG, others)

(Sources: Dealogic, banks)

(Compiled by Anupreeta Das)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better