Curt Rosengren ~ Passion Catalyst TM
"Love your work. Change your world."
Here's a good sign that we'll be seeing continued interest in the clean energy industry from the VC community...
Venture backers of European clean energy startups reaped a 55 percent annualized return on their investments from 1998 to 2007, the London-based research group New Energy Finance said Tuesday.
The analysis, which was commissioned by the European Energy Venture Fair to take place this weekend in Zurich, looked at returns earned by 37 venture capital and private equity investors in 129 early stage companies dealing in low-carbon technologies such as renewable energy, fuel cells, power storage since 1998.