Brookfield buys National Grid’s US renewables for $1.74B, showcasing PE’s resilient appetite for clean energy.

As investment in energy infrastructure continues to grow, PE firms are turning to large-scale battery storage to solve the issue of storing intermittent energy sources.

Energy transition infrastructure is expecting another decade of good returns

Europe is on track for a record year for PE cleantech deal value

2024 has already seen the third highest annual transaction volume in the sector.

Chinese green hydrogen companies like SHPT and FTXT Energy are leading the pack.

European cleantech startups raised a record amount of capital in the first three months of the year.

Mega-rounds accounted for over half of European VC deal value in Q1.

The success of companies like Helion and Commonwealth Fusion Systems have paved the way for cleantech’s moonshot project.

Shell Ventures has historically led the pack of fossil fuel companies in investing in cleantech, with 44 deals since 2018, according to PitchBook data. But the oil giant’s new CEO, Wael Sawan, has scaled back the Shell’s low carbon solutions team as well as its hydrogen business. The moves raise questions about Shell’s recent leadership in climate tech deals at a time when fossil fuel company participation in the sector is at an all time high.

Although VC dealmaking for European cleantech startups has fallen this year, the vertical has seen less severe declines than others.

PE is targeting the battery storage sector as the rise in electric vehicles, coupled with a move to clean energy, boosts the value of these assets.

PE investment in India remains robust, driven by a growing middle class and modernizing economy creating growth opportunities in sectors like healthcare and clean energy.

As the market for lucrative assets with positive effects on the environment and society grows, impact investors are finding it easier to source deals.

Three hundred airlines have set a green fuel production goal of 23 billion liters by 2030, but current supply trends project production levels will reach less than half of that.

Net energy gain is a pivotal milestone for nuclear fusion, but solar and wind are still critical to advancing the world’s sustainable energy needs.

Climate tech startups focused on tracking and eliminating greenhouse gas emissions have received renewed attention amid an energy crisis and forthcoming regulations.

TPG’s investment in green energy developer Intersect Power is the latest step in the private equity firm’s climate tech and renewable energy strategy.