Q1 2007 Cleantech Venture investment totals $903 million

Energy generation continues to lead all segments with $496 million

ANN ARBOR, MI, April 18, 2007 – Cleantech Venture Network® researchers reported today that in Q1 2007 North American and European venture investment in the cleantech category totaled $903 million (USD). Q1 2007 venture capital investment represented a 16.5% increase over the $775 million invested in Q4 2006 and a 42% increase over Q1 2006 investment of $634 million.

For the quarter, North American venture capital investment totaled $731 million, an increase of 19% over Q4 2006 and 42% increase over Q1 2006 investment. European cleantech venture capital investment totaled $172 million, representing a 6% increase over Q4 2006 and a 43% over Q1 2006. In North America, energy generation took in $398 million accounting for about 54% of total venture capital investment. In Europe, $98 million was invested in the energy generation category, garnering 57% of total European cleantech investment.

The Cleantech Venture Network® also tracks M&As and IPOs in North America, Europe and China. During Q1 2007, there were 24 worldwide M&A transactions (20 in North America) and 9 IPOs (8 in North America).

“The increasing amount of venture investment coupled with M&A and IPO activity globally continues to demonstrate the potential for cleantech returns,” said Nicholas Parker, chairman and co-founder of the Cleantech Group™, parent company of the Cleantech Venture Network®. There will be more in-depth data and analysis of venture, M&A and IPO activity in Europe, North America and China presented at the Cleantech Forum™ XIII in Frankfurt May 14-16th. This is the largest gathering of top tier cleantech investors, corporate leaders and innovators in Europe each year.

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• About Cleantech Venture Network®, LLC
• The Cleantech Venture Network® LLC is a membership group that catalyzes investment, business
• opportunities and relationships driving the growth of cleantech globally. The Cleantech Venture
• Network® popularized the term cleantech in 2002 and defined the category, providing investors,
• executives, government agencies and media accurate and consistent data dating from 1999. The network has over 8,000 cleantech investors and 9,500 companies worldwide that take advantage of the global Cleantech Forums™, comprehensive market research services and reports, online proprietary deal flow, and an investor directory. In addition, CVN provides information services, including the twice-a-month market intelligence newsletter Cleantech Capital Alert™ and the quarterly Cleantech Investment Monitor™ report that tracks and analyzes all cleantech investments, M&As and IPOs in North America and Europe.