Energy Law
Dec. 23, 2011
Clean tech revolution continues in 2011
Technical breakthroughs, regulatory developments and M&A activity dominated the clean tech industry. By James C. Chapman of Foley & Lardner LLP
In 2011, the clean tech revolution continued. This year experienced tremendous developments in every clean tech sector. Here are a few highlights:
Mergers and acquisitions: Despite facing a sluggish economy and uncertainty surrounding U.S. energy policy, U.S. clean tech acquisition activity grew in the first half of 2011 by 8 percent over the first half of 2010. Valuations, however, declined from 2.9 times revenue to 1.9 t...
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