Published in: 2011 - A Review of Cleantech Equity Deals, January 2012
Private equity investors focused on the water sector in 2011 with Liberation Capital investing in Bluewater Bio, Ambienta investing in Amplio Filtration and Permira taking a stake in Netafim. Irrigation was a target for VCs, with ET Water raising funds for its smart irrigation technology, while in desalination NanoH2O and Saltworks also raised funds. Waterlogic’s £48.5 million fundraising was a rare AIM listing in the water sector.
M&A dominated equity deals in terms of size. Transactions included Ecolab’s US$5.4 billion acquisition of Nalco Holding, the £2.4 billion acquisition of Northumbrian Water by Cheung Kong Infrastructure Holdings, LG’s acquisition of Daewoo ENTEC and the purchase of a majority stake in WEX of India by Aquatech.