Turquoise International appoints new associate
Turquoise International, the city-based merchant bank specialising in energy, environment and efficiency, has appointed Luke Taylor as an associate.
Low Carbon Innovation Fund makes final round of investments
London-based merchant bank, Turquoise International, has hailed 2015 a success after completing a final round of investments from the Low Carbon Innovation Fund (LCIF). The Fund, which invests in environmentally focused small and medium-sized enterprises, participated in ten investment rounds in the second half of 2015, contributing £2.6m to a total of £11.2m raised by…
Create Sovereign Wealth Fund for Renewables Support
For renewables to be a commercial success and a sustained contributor to the UK’s energy mix, subsidy support needs to be delivered by the creation of a Sovereign Wealth Fund, agreed key stakeholders at a roundtable event hosted by environmental PR specialist, Prova. Source: www.blueandgreentomorrow.com
Dearman receives multi million pound investment to support development of clean cold and power technology
Dearman, the clean cold and power technology company, today announced that Park Vale Capital has committed to invest £16 million in the business. This brings the total funds raised by Dearman during 2015 to £19.5 million (excluding grant funding), and will allow the company to bring the first application of its technology to market. Source:…
Turquoise MD Francis Wright foresees a grinding halt for UK solar
The UK solar market ‘is going to come to a grinding halt’ when the Renewables Obligation (RO) comes to an end in March 2016, according to a London-based merchant bank Turquoise International’s Managing Director Francis Wright. Source: Clean Energy Pipeline
Second low carbon fundraising round planned for 2016
Turquoise International will look to launch a second fundraising round in 2016 after it closes investments in its first Low Carbon Innovation Fund at the end of this year, Ian Thomas, the Managing Director at the UK fund manager and financial advisory firm, told Clean Energy Pipeline today. Source: Clean Energy Pipeline
Turquoise-managed LCIF achieved successful exit with Push Energy
The Low Carbon Innovation Fund (LCIF) – managed by specialist energy and environment merchant bank, Turquoise – has realised its second successful exit, achieving almost 2.5 times its original investment and a 60% IRR on the sale of its stake in Colchester-based solar developer and EPC contractor, Push Energy.
Dearman to receive investment from Coast to Capital
Dearman, the clean cold technology company, is to receive a £2 million investment from Coast to Capital, via its ‘Growing Places Fund’.
Converting capital into success
Experience shows that the clean energy and environmental industries are difficult sectors in which to build successful companies. Ian Thomas, a Managing Director of Turquoise, talks about the importance of sound financial strategy in these kind of ventures.
Clean Energy Europe Finance Guide 2015 – Full report
Clean Energy Europe Finance Guide 2015 – Full report sponsored by Turquoise