The report says Asian electricity Shang the majority of investment withdrawals in China

Source: Internet
Author: User
Keywords Divestment electricity quotient China nbsp;

Silicon Valley Network News according to market research company CB Insights released the latest report, the wind investment from the Asian power companies to withdraw funds frequency has been accelerated, but the average is still low, mostly less than 50 million U.S. dollars. The report shows that most of the divestment activity in India and China in these two large markets.

However, up to now, the Indian market has the largest number of withdrawals, while the Chinese market is the largest divestment. Since 2010, there have been a total of 154 withdrawals by Indian electricity dealers, 83 and 61 in China and Russia respectively, and 35 in Singapore and 11 in Japan respectively.

However, the total value of the 83 divestment transactions in the Chinese market amounted to $4.8 billion, and the Indian market withdrew to 987 million U.S. dollars, followed by the Russian market of 731 million dollars, Singapore 328 million dollars and Japan's 58 million dollars.

 

Scale of Asian electric business Financing (Tencent Science and Technology map)

In the second quarter of 2011, China's electricity industry financing scale is quite large, mainly thanks to three large transactions: Jingdong Mall's 1.5 billion dollar financing, the litters group of 200 million U.S. dollars financing and handle network 110 million dollars of financing.

 

The size of Asian electricity IPO transaction (Tencent Science and Technology match map)

In addition to the venture capital withdrawals, many large electric dealers in recent years, including China Dangdang, the only commodities council and the Indian Makemytrip, have also made IPOs in the United States. Dangdang in 2010 by listing on the New York Stock Exchange to raise 272 million U.S. dollars, only the goods will be listed in 2012 to finance 71.5 million U.S. dollars, Makemytrip in 2010 through the IPO financing of 70 million U.S. dollars, and the first day of the IPO shares soared 89%.

According to the report, on average, 60% of the venture's divestment is less than $50 million trillion, of which about half of the divestment is less than 25 million U.S. dollars, and the weakness in overall valuations is the reason for the withdrawal of the venture. And the performance of the electricity dealers after the listing has been lackluster. Dangdang, Makemytrip and the stock market have fallen all the way since the IPO.

The Tiger Global Fund, Management, is the most active investor in the Asian electricity industry and appears to be focusing on the Indian market, which has already carried out 16 investment deals in India up to now. In addition, among the top five VC investors in Asia with the Tiger Global Fund are Accel, Intel investment (Intel Capital), Sequoia (Sequoia) and IDG Capital. [Original title: Asia Electric Business Report: Wind investment withdraw capital increase majority in China]

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