NEW YORK, April 23, 2012 - Jefferies today announced the results of its recent Clean Technology Investor Survey, which was conducted at Jefferies’ Global Clean Technology conference in New York with 95 public and private presenting companies and 650 attendees, including strategic and financial investors, high-level policymakers and industry thought-leaders.
Key findings of the survey include
Increasing interest and capital allocation by large Clean Technology-focused corporations as well as a robust capital markets recovery are expected to drive growth in the industry throughout 2012. Project financing, continued government subsidies and a more universally accepted carbon pricing policy are also expected to play a role.
Asia is expected to drive the most growth in Clean Technology in 2012, followed by North America and then Europe.
The Energy Storage and Biofuels sectors are anticipated to have the highest number of IPOs in 2012, followed closely by the Smart Grid and Lighting sectors.
An overwhelming majority of investors (71%) believe that Solar companies will experience the most consolidation in 2012, followed by Biofuel and Smart Grid companies.
Investors are most likely to invest in the Energy Storage, Biofuels and Solar sectors in 2012.
Amy Smith, Head of Global CleanTech Investment Banking at Jefferies, commented: “The findings of our survey indicate that the strong performance of both the public and private capital markets and a sustained pattern of capital allocation by investors are the two most important factors critical to the continued growth of the CleanTech industry. Additionally, investors are divided as to when Europe will fully recover economically, and, consequently, Asia is expected to drive the majority of the industry growth in 2012, followed by North America and then Europe. We continue to believe, as validated by attendees at our conference and survey responders, that the global CleanTech industry will continue to grow substantially for many years to come. Numerous drivers will contribute to the growth of this dynamic industry, and Jefferies remains committed to helping our clients and investors best navigate this sector.”
The Jefferies CleanTech Survey was designed to gauge investor sentiment toward the sector in light of the financial crisis and identify areas of consensus. In addition, the survey was intended to provide insight into investors’ views towards the fundamentals driving certain subsectors of the renewable energy and sustainable technologies markets.
The 2012 Global Clean Technology Conference was Jefferies’ 12th Clean Technology and renewable energy conference, demonstrating the firm’s longstanding commitment to the sector.
Jefferies Group, Inc. (NYSE: JEF) is the global investment banking firm focused on serving clients for nearly 50 years. The firm is a leader in providing insight, expertise and execution to investors, companies and governments, and provides a full range of investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income and commodities, as well as offers select asset and wealth management strategies, in the U.S., Europe and Asia.
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