Working Papers in Employment, Work and Finance: WPG11-13

Five Perspectives on an Emerging Market: Challenges with Clean Tech Private Equity

Eric Knight

Contact:

School of Geography and the Environment, University of Oxford, South Parks Rd, Oxford OX1 3QY, UK.

Private equity investment in technologies which deliver low carbon energy has grown as an area of both economic and social performance. This article offers a perspective on some of the challenges in the industry. It relies on case studies drawn from thirty five interviews with leading clean tech investment managers across Silicon Valley, New York and London. The findings suggest that despite the long-term growth opportunities, some investors have struggled to find attractive risk-reward premiums in early stage investments.

Keywords: clean tech, private equity, venture capital, long term investment, institutional investment, economic geography

This working paper is now available to download:


Need help reading PDFs?


Back to the Working Papers in Employment, Work and Finance