Smart grid venture capital investments reach high in 2010 - 09 Feb 2011


Global clean energy market intelligence, consulting and communications firm, Mercom Capital Group has found that venture capital funding in the smart grid sector reached its highest level in 2010, almost doubling compared to 2009.

The top smart grid venture capital transactions in 2010 included the $165 million raise by Landis+Gyr, the $106 million raise by Trilliant and the $52 million raise by OpenPeak.

Merger and acquisition activity was also strong in 2010 with 40 transactions. Of these only four transactions were disclosed for a total of $1.3 billion.

In 2010 the top five investors in smart grid included GE Energy Financial Services, Emerald Technology Ventures, Kleiner Perkins Caufield & Byers, Foundation Capital and RockPort Capital Partners.

For more information see: http://www.metering.com/node/18943

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