13 February '10
2:19 PM EST
No Comments
  Funding
  Policy
  Solar
  Wind

This Week In Green Energy: When Solar and Nuclear Meet

In a cash-constrained world, this week’s acquisition of solar developer Ausra by Areva (the French government-backed maker of nuclear reactors) makes sense.  We could see similar deals as small clean energy companies with big ideas and small balance sheets turn to large companies with stronger balance sheets.

Over the past decade, Areva, led by CEO Anne Lauvergeon, evolved from a secretive, tightly controlled government agency to a corporate-like entity. Areva’s alternative energy unit already manufactures wind turbines and is also involved in biomass generation, but the Ausra acquisition marks the company’s first solar investment. Read More »

9 February '10
2:09 PM EST
No Comments
  Funding
  Solar

Exclusive: Greentech Capital Advisors Advises Ausra on Acquisition by Areva

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. Read More »

8 February '10
12:31 PM EST
No Comments
  Funding
  Solar

Nuclear Reactor Maker Areva Acquires Ausra

Areva, one of the world’s largest maker of nuclear reactors, has acquired Mountain View, Calif., -based solar-thermal equipment maker Ausra, which had been on the auction block, talking to potential buyers at least sine November.

Paris-based Areva and Ausra did not disclose financial or other terms of the deal. Read More »