{"id":298477,"date":"2010-02-09T14:09:24","date_gmt":"2010-02-09T19:09:24","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=6199"},"modified":"2010-02-09T14:09:24","modified_gmt":"2010-02-09T19:09:24","slug":"exclusive-greentech-capital-advisors-advises-ausra-on-acquisition-by-areva","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/298477","title":{"rendered":"Exclusive: Greentech Capital Advisors Advises Ausra on Acquisition by Areva"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/solar.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Solar\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"http:\/\/news.cnet.com\/i\/bto\/20080811\/AusraLogo.jpg\" alt=\"\" width=\"160\" height=\"70\" \/>Solar thermal power developer Ausra tapped Greentech Capital Advisors as its financial advisor<a href=\"http:\/\/greenenergyreporter.com\/2010\/02\/nuclear-power-house-areva-acquires-ausra-more-to-come\/\" > in its acquisition yesterday<\/a> by Areva, the Paris-based company best known as a maker of nuclear reactors.<\/p>\n<p>Areva was advised by Deutsche Bank.<span id=\"more-6199\"><\/span><\/p>\n<p>Just this summer, UBS&#8217;s former co-head of investment banking, Jeffrey McDermott <a href=\"http:\/\/greenenergyreporter.com\/2009\/07\/green-energy-from-the-communes-to-wall-street\/\" >launched New York -based Greentech Capital this summer<\/a> with a group of Wall Street partners.<\/p>\n<p>Among the partners are Canadian Andrew de Pass, former head of sustainable development investments at Citigroup, and Goldman Sachs alum Timothy Vincent, who leads Greentech Capital&#8217;s project finance business.<\/p>\n<p>We have called Greentech Capital and Deutsche Bank and will post any updates.<\/p>\n<p>Areva spokesman Jarret Adams tells GER that no decision has been made on whether Ausra will keep its name or will operate under the Areva brand.<\/p>\n<p>Adams confirms that with the support of Areva&#8217;s large balance sheet, Ausra is now back in the utility-scale solar power business.\u00a0 It was <a href=\"http:\/\/greenenergyreporter.com\/2009\/01\/ausra-shrinks-big-solar-plan-to-focus-on-smaller-cheaper-projects\/\" >just a year ago<\/a> that Ausra CEO Robert Fishman said that with his company unable to secure financing, \u00a0it would instead focus on solar thermal systems for the distributed generation market.<\/p>\n<p>Adams said that Areva plans to keep\u00a0 Ausra&#8217;s 70 employees, who are for the most part based in the company&#8217;s Mountain View, Calif., headquarter.<\/p>\n<p>Adams declined to disclose how much Areva paid for Ausra. He did say that the French company &#8220;paid market price.&#8221;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/pmzi_1U6kos\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solar thermal power developer Ausra tapped Greentech Capital Advisors as its financial advisor in its acquisition yesterday by Areva, the Paris-based company best known as a maker of nuclear reactors. Areva was advised by Deutsche Bank. Just this summer, UBS&#8217;s former co-head of investment banking, Jeffrey McDermott launched New York -based Greentech Capital this summer [&hellip;]<\/p>\n","protected":false},"author":2814,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-298477","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/298477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2814"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=298477"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/298477\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=298477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=298477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=298477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}