Sunday, 21 September 2014
Last updated 1 day ago
Oct 14 2009 | 9:23am ET
Investments in clean energy worldwide are expected to total $115 billion in 2009, down from $155 billion in 2008, according to a recent report from New Energy Finance.
The third quarter figures released earlier this month by the group also show the U.S. lagging far behind the EU in clean energy investing – of the $19.2 billion in asset financing recorded in Q3 2009, only $1.2 billion came from the United States. The report blames delays in the distribution of U.S. stimulus funds:
“The structure of the U.S. stimulus program effectively brought project finance to a halt in the U.S. as developers waited to ensure they qualified for grants or debt guarantees,” said New Energy CEO Michael Liebreich. “Now that there is an infrastructure in place to disburse funds, we expect investment activity in the U.S. to accelerate as we head into 2010.”
The third quarter saw an increase in cleantech mergers and acquisitions, but overall, says Liebreich, there is too much reliance on “stimulus funds, development banks and state-backed capital providers of various sorts.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.