NewWorld Capital Group To Invest in Cleantech

Oct 28 2009 | 12:16pm ET

Investors this week announced the formation of NewWorld Capital Group, a private equity firm that will invest in middle-market companies and related infrastructure projects in the cleantech sphere.

Investments will target clean energy, energy efficiency, environmental services, waste management, water and sustainable/biodegradable materials, principally in the United States and selectively in Europe.

NewWorld Capital will provide expansion capital to proven companies and clean infrastructure projects in collaboration with top-quality management teams.

“We will apply the most rigorous tests,” said Carter Bales, NewWorld Capital chairman. “No unproven technologies, no venture investments, no business plans built on a future carbon price.”

In addition to Bales, the firm’s founding partners include industry veterans Bradley Abelow, Bill Hallisey, Ali Iz and Everett Smith.

NewWorld Capital will work in close cooperation with Ambienta Sgr, a leading European environmental assets private equity firm. The two firms intend to collaborate in sourcing and evaluating investment opportunities in each other’s markets.

Smith said NewWorld Capital would provide expansion capital to companies and related infrastructure projects in the middle market – “what is conventionally known as the ‘Commercialization Gap’ – the period before companies and projects can command large amounts of institutional capital.”


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    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…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.