Central & South America

Econergy

Contact: Thomas Stoner
Work 3825 Iris Ave. Suite 350 Boulder CO 80301 United States Work Phone: 303-473-9007 Website: http://www.econergy.net/

Biography

The CleanTech Fund is a private equity fund investing in clean energy projects in Latin America. The General Partner and Manager of the Fund is Econergy International Corporation, a diversified international energy services company. The Fund will invest primarily in fixed cost energy generation projects with contracted revenues, which include both power sales and greenhouse gas emissions reductions sales. Typical projects include wind energy, biomass power and cogeneration, small and mini hydro power, and landfill gas projects. The Fund may also invest in energy efficiency projects including cogeneration. The Fund has an investment period of five years with an overall term of 10-12 years, and anticipates being capitalized at US$35 million total equity through two closings. The first closing was completed in October 2004 at US$20 million with the second closing anticipated within 12 months. The CleanTech Fund Partnership permits limited partners to increase their participation in individual investments beyond the commitment directly by the Fund through a co-investment feature of the Fund. This allows CleanTech to evaluate larger transactions – up to 50 megawatts in installed capacity or $75 million in total investment including project specific debt. The CleanTech Fund is a Quebec Limited Partnership.

ENERGY ASSETS PURCHASED BY GDF SUEZ CONSULTING BUSINESS PURCHASED BY WSPGROUP

Categories: $2M - $5M, $5M or more, Buyout, Central & South America, Corporate, Energy: Any, Energy: BioFuel, Energy: Biomass, Energy: Efficiency, Energy: Geothermal, Energy: Hydrogen, Energy: Small Hydro, Energy: Solar, Energy: Wind, Equity, Other, Project Finance, Project Finance, Venture Capital Firm
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