Tag: Toshiba

Kiran Stacey

Just as private equity houses are found to be ramping up their interest in the oil and gas sector, they are at the same time backing out of green energy and cleantech, worried about the possibility of a green bubble forming.

A survey by Rothstein Kass showed 24 per cent of more than 200 PE fund managers highlighting the green sector as the most likely to produce the next investment bubble.

Kiran Stacey

Energy meterWith two private equity groups having pulled out of the bidding, Toshiba is closing in on a $2bn deal to buy Landis+Gyr, the world’s largest smart-meter maker by revenues.

The battle for the company shows how big an opportunity companies and governments view demand-side management. L+G already has orders to provide 62,000 meters to Finland’s Oulu Energy; and more than 10,000 to six provinces in China, which will create the world’s largest smart grid.

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