• Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
764
On Slideshare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
14
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Sustainable Technologies Capital, LP TBLI Presentation November, 2006
  • 2. Topics
    • Sustainable Technologies Capital
    • Sector Focus and growth
    • Why Now?
    • US compared to Europe
    • Applying a Sustainability Perspective
  • 3. Introduction
    • Sustainable Technologies Capital , LP, working together with Sustainable Technology Partners AB, an early stage private equity manager.
    • We seek investment opportunities in what we call “Sustainable Technologies”, also referred to as “Clean Technologies” or “Cleantech”.
    • We look for small and medium sized growth companies (€ 0-30 million in sales) in Europe with a special focus on the Nordic countries.
  • 4. Andre Heinz, Investment Director
    • Founder of Sustainable Technologies Capital LP
    • Co-founder of The Natural Step International and Director of International Affairs
    • Researcher and analyst to Paul Hawken on the book “Natural Capitalism”
    • Researcher and analyst to green architect Bill McDonough
    • Board and Finance Committee member on Vira I. Heinz Endowment, a 450 MUSD foundation
    • Masters in Environmental Management, Yale University
  • 5. Investment focus
    • Renewable energy generation
    • Energy efficiency
    • Energy transmission
    • Energy storage
    • Bio fuels
    • Sustainable materials and chemicals
    • Recycling and waste management
    • Water, soil and air purification
  • 6. Growing investment category
    • In the US, Cleantech has become the third largest venture investment category.
    • A record $ 843 million was invested in Q2 2006, a 129% increase from Q2 2005.
    • $ 594 million was invested in energy related investments.
    • During Q1-Q3 $ 1,4 billion has been invested in Cleantech, up 99% from 2005.
  • 7. Sign of the times May 2006 July 2006 May 2006 September 2006 July 2006 August 2006
  • 8. Why now?
    • Higher energy prices
    • Resource security
    • Global Climate Change
    • Rapidly Developing Countries
    • Technological improvements
  • 9. Source: NREL Energy Analysis Office (www.nrel.gov/analysis/docs/cost_curves_2005.ppt) 1 These graphs are reflections of historical cost trends NOT precise annual historical data. DRAFT November 2005 Renewable Energy Cost Trends
  • 10. Strong growth in renewable energy Source: World Watch Institute, 2006
  • 11. US compared to Europe
    • More activity in the US (More funds, larger funds, more deals e t c)
    • Signs of over allocation in the US
    • An increasing activity in both East Asia and Europe
    • Energy by far the largest sector in both US and Europe
    • Still relatively little activity in Nordic countries
    • Nordic countries are however seen as a future “hot” spot in Cleantech
  • 12. Why Nordic countries? Country rankings according to the 2005 Environmental Sustainability Index (ESI) and OECD
    • World leaders in many Cleantech technology fields:
      • Wind, solar and wave
      • Bio fuels
      • Geothermal
      • Recycling
      • Purification
      • Energy efficiency
      • District heating/cooling
    • Long consistency in political
    • initiatives to support growth
    • The 4 most active acquirers
    • of Cleantech companies worldwide
    • are German and Swedish (ABB,
    • Danaher, Siemens and Schneider)
    • Large pool of small- and medium sized cleantech companies
  • 13. Company Database
    • An estimated 1000-1200 Cleantech companies in Nordic countries
    • Certain Cleantech Clusters are being formed in university cities such as Gothenburg, Lund and Uppsala
    • Intense activity in geothermal, energy efficiency and bio fuels
  • 14. Investment approach
    • Sustainability Analysis
      • Thermodynamics
      • System conditions
      • Back Casting perspective
      • Resource scarcity and toxicity
    • Invest in Nordic region – Grow in the US and China
  • 15. Thank You !