QUICK NEWS, August 5: BIOFUELS MAKER SAPPHIRE PAYS OFF DOE LOAN; NEW ENERGY UK IPO GETS $460MIL BOOST; BIG MONEY GOING INTO WIND

BIOFUELS MAKER SAPPHIRE PAYS OFF DOE LOAN Biofuel Company Latest To Pay Off Government Loan Early

Antony Ingram, August 1, 2013 (Green Car Reports)

"…[Like] Tesla Motors [NDSQ:TSLA]…biofuel company Sapphire Energy has…[paid pack its Department of Energy] $54.5 million loan with years to spare…Like Tesla's DoE loan, Sapphire's was granted back in 2009, through the U.S. Department of Agriculture…The company's aim was to build a fully integrated algae-to-crude oil commercial demonstration facility in Columbus, NM. Not only did Sapphire's 'Green Crude Farm' project hit both its time and budget targets, but it's now an operational facility producing renewable crude oil from algae and cyanobacteria on a continuous basis…” click here for more

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UK NEW ENERGY IPO GETS $460MIL BOOST U.K.’s Biggest Clean Energy IPO Raises $460 Million

Louise Downing, July 24, 2013 (Bloomberg News)

“The Renewables Infrastructure Group Ltd., raised 300 million pounds ($460 million) in the U.K.’s biggest initial public offering of a clean-power company, to invest in solar and onshore wind projects…The proceeds from the share sale on the London Stock Exchange will be used to buy 14 onshore wind farms and four solar photovoltaic plants with a combined capacity of 276 megawatts… in the U.K., France and Ireland…” click here for more

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BIG MONEY GOING INTO WIND Q2 2013 Wind Funding and M&A Report Executive Summary

August 2013 (Mercom Capital)

"…VC funding totaled $210 million in four deals in Q2 2013 compared to $16 million in three deals in Q1 2013…Total funding into the wind sector was $3.5 billion in Q2 2013 including VC funding, debt financing and announced project funding deals…There were six M&A transactions in Q2 2013, amounting to $328 million…Announced large-scale project funding in Q2 2013 totaled $3.2 billion in 24 deals compared to $6.2 billion in 29 deals last quarter…This quarter had the greatest number of announced project acquisitions since Mercom began tracking the sector…” click here for more

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