TOTAL 2013 WIND MONEY UP TO $28.1BIL, VC MONEY TO $455MIL

Wind Sector VC Funding Reaches $455 Million in 2013, Project Funding $18.1 Billion; Strong IPO activity in wind sector in 2013

January 21, 2014 (Mercom Capital Group)

“…Global venture capital (VC) funding in the wind sector increased to $455 million in 2013 compared to $315 million in 2012. Total funding into the wind sector reached $28.1 billion in 2013, including VC funding, public market financings, debt financings and announced project funding deals. VC funding in Q4 2013 came to $93 million in six deals compared to $135 million in four deals the previous quarter…There were seven downstream companies that raised a combined $374.3 million in 2013…The top VC funded company in 2013 was ReNew Power, an Indian wind project developer, which raised $135 million…Public market financings accounted for $5.8 billion in 17 deals in 2013 including six IPOs totaling $2.3 billion…Announced large-scale project funding in 2013 amounted to $18.1 billion in 114 deals, compared to $14 billion in 72 deals in 2012…” click here for more

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