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Jersey has been building experience and expertise in fund
structuring and administration for Cleantech, a sector predicting
substantial growth over the next few years. The tipping point for
moving into Cleantech has arrived and Jersey is ready to provide
full support to investors.
So why now? The global downturn has prompted companies to look
for efficiencies within their existing production processes using
new cleaner technology. The impact on profits of such changes in
the production process can easily be calculated, making the
expected yield attractive to investors. in an uncertain market, the
stable and predictable nature of the return is also very
appealing.
Meanwhile, on the energy front, the role of nuclear technology
in many countries' national energy strategies has been
re-assessed post-Fukushima, providing an extra impulse for
renewable energy generation in certain markets. in 2011 the sector
sustained high deal numbers and a record total value.
Deal sizes are rocketing. PWC's 2012 Renewables Deals report
states that deals for 'new generation' renewable
technologies – wind, solar and biomass - are entering the
big time. values rose 40% year on year, from Us$38.2bn in 2010 to a
record Us$53.5bn in 2011. solar, wind and energy efficiency deals
overtook hydropower as the driver for big deal values - one in
every three deals last year was solar.
Venture capital, private equity and infrastructure
As the sector matures, Cleantech is becoming attractive to
Venture Capital, Private Equity and Infrastructure, for certain
types of investment opportunities. Venture Capital and Private
Equity are looking at early stage investment in technology, whilst
Infrastructure is looking to invest in proven technology in proven
sites with a proven return.
Jersey is a key location globally in the Private Equity and
Infrastructure sectors and is well geared up to support Cleantech
investors and help sustainable investment funds manage for growth,
with a range of top quality professional service providers who have
specialist knowledge in all aspects of green investments. Examples
include the Green Foundation trusts being pioneered by Mourant
Ozannnes, independent fiduciary service providers such as JTC Group
supporting Jersey-based Renewable Energy Generation Ltd and
Foresight amongst others, right through to specialist skills in
helping Private Equity houses meet the reporting requirements, as
outlined in PWC's recently launched report 'Creating Value
from Environmental, Social and Governance Issues'.
Major players have been in Jersey for some time, from Icecap and
Camco to AIM-listed funds holding assets in wind, solar and energy
from waste, including Foresight group's European Solar Fund
Limited Partnership (an Expert fund), Renewable Energy Generation
and Ludgate Environmental Fund.
Pressures on fuel supplies and the need to keep operating costs
down to remain competitive are global concerns. Cleantech has a
truly global market and appetite for it is increasing at a hugely
significant rate. The time to jump into or grow your presence in
this market is now and the place to do it is Jersey.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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