Energy Finance and M&A

​Renewable Energy
SBIC as a potential funding sourcefor clean energy businesses.
63 renewable energy deals in 2Q18representing US$12.9 BN.
Expect 10GW solar + 2GW storageto take advantage of high evening power prices.
By 2040 energy will be 48% wind and solar, 50% by 2050. 
Cost of solar PV will fall 71%by 2050. 
 
Energy Storage
Energy storage grid connection issuessimilar to early stage wind and solar. 
Energy storage projects apply for market-based rates.
US in 2017 installed 216.7 MW, 523.9 MWh of energy storageacross 2,588 systems. In total 922.8 MW, 1,293.6 MWh across 5,167 systems.
Grid-connectedenergy storage grew 68% in 2017in the US.
 
Latest News
Median time of angel & seed rounds 3 years. Medium seed rounds $2 MM. Pre-seed valuations $3.4 MM. US utility ESG and sustainability reports. Development focus on smaller DG facilitiesas well as energy services. IndoorAg annual sales expected to be $25 BN by 2021, 28% annual growth rate.