by Penny Lin, Associate at Amoo, and Saurabh Saxena, Senior Associate (edited by Godman Usman, Analyst)
Venture Capital and Private Equity investments (excluding buyouts) in the UK clean energy sector totalled $623 million in 2011, a 3% increase on the $605 million recorded in 2010. Despite this modest increase, the number of deals completed actually fell 28% year-on-year to 60. This trend continued in the beginning of 2012 – 12 deals totalling $229 million were executed in Q1:2012, compared with a quarterly average of 15 completed deals totalling $155 million recorded in 2011. (Source: http://www.cleanenergypipeline.com/download/UnitedKingdomGreenInvestmentGuide2012.pdf ). This not only reflects the maturing of the sector, but also a shift in investor appetite away from early-stage, unproven technology companies to less risky late-stage businesses. Read on.