New Energy Finance closes funding round and announces expansion
New Energy Finance, a specialist provider of financial information and services to investors in clean energy, has secured funding and announced expansion plans.
The funding is intended to finance the launch of a number of new publications and initiatives. “Since founding New Energy Finance in early 2004, our analysis has tracked an extraordinary surge in investment activity in clean energy, which reached $42bn last year,” said Michael Liebreich, Founder and CEO of New Energy Finance. “Over the past two years we have established New Energy Finance as the leading provider of financial information, research and analysis on the industry, and we look forward to offering our users further services.” The company’s new investors are from the energy, financial services and investment industries. The round was over-subscribed.
About New Energy Finance
New Energy Finance, which employs around 20 people, is based in London. It covers all forms of investment activity worldwide, including venture capital, private equity, public markets, asset-based finance and M&A. Subscription services include the New Energy Finance Briefing and the New Energy Finance Desktop, the world’s largest database of investment transactions in clean energy. This contains details of over 11000 organisations and active investors, 6500 people, and 4000 transactions. The company also undertakes research, analysis and consultancy, and runs senior-level networking events. Industry sectors covered by New Energy Finance are as follows: wind, solar, marine, biomass, biofuels, geothermal, mini-hydro, hydrogen, fuel cells, carbon capture, generation efficiency, power distribution, energy saving technology, power storage and associated service providers. At the beginning of 2005, New Energy Finance began publishing the world’s first global stock market index of clean energy technology and solutions providers, the Global Energy Innovation Index (GEIX). In September 2005 the company was named Euromoney Ernst & Young Renewable Information Provider of the Year. It counts the leading financial institutions and corporates active in the sector among its clients.
For Further Information:
Founder & CEO
New Energy Finance
71 Gloucester Place
London W1U 8JW
tel: +44 20 7727 8590