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Alternative energy and cleantech investment bank launched

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Greentech Capital Advisors, an investment bank dedicated to alternative energy and cleantech, has formally launched the firm.

Jeffrey A. McDermott, former joint global head of UBS Investment Banking and founder of Greentech Capital Advisors, says: "For these companies to thrive, and for America to transition to a cleaner and more energy efficient economy, there is a need for a dedicated team of experienced bankers. Alternative energy and cleantech companies need bankers with deep industry knowledge, a wide array of product skills, and relationships with large industrial, power and utility companies who are the ultimate customers, strategic partners and consolidators for these companies. Our comprehensive expertise and unique composition of experts will help clients grow and succeed."

Richard L. Kauffman, chief executive officer of Good Energies, a global investor in renewable energy and energy efficiency industries, says: "After many years, the renewable energy sector is finally growing up. The sector needs capital and good advice."

Greentech Capital Advisors offers clients a set of capabilities across the project finance, private equity, and mergers and acquisitions markets.

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