Bengaluru,Mercom Capital Group, llc, a clean energy communications and consulting firm, today released M&A and funding, financing and loan activity in the wind energy sector for the first quarter of 2010. Disclosed investments in the sector totaled approximately $1.4 billion out of 15 transactions. Wind merger and acquisition (M&A) transactions in the first quarter came to $224 million in two disclosed deals out of a total of seven deals.

Forms of investments included venture capital (VC) funding, financing and loans. VC investments were $101.3 million for 3 deals and all other financing and loans totaled $1.3 billion for 12 deals. Significant investments in wind include a $394 million project financing for Terra-Gen Power, $194 million project financing for Boralex Inc and a $179 million project financing for Invenergy Wind North America. (See chart at: mercomcapital(dot)com-news(dot)php)

According to Department of Energy (DOE) just $3.1 billion, representing only 12% of awarded funds, has actually been spent as of April 2, 2010. DOE has awarded a total of $26.7 billion so far. Out of $3.1 billion a total of $1.4 billion was spent in the first quarter of 2010.

Raj Prabhu, Managing Partner of Mercom Capital Group, commented, Mercom has expanded its reporting beyond venture capital transactions to include other types of financing and M&A transactions. This gives the industry a truer picture of what is happening in finance and M&A as it relates to wind.

Notes to Editor

About Mercom Capital Group

Mercom Capital Group, llc is a clean energy communications and consulting firm. At Mercom, we help clean energy companies build powerful relationships with media, analysts, government decision-makers and local communities. We arm our clients with timely market intelligence to ensure their competitive position and overall success. Mercom Capital Group is located in Austin Texas with offices in Bangalore India. For more information about Mercom Capital Group, visit: mercomcapital(dot)com

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About Mercom Communications India

Mercom Communications India (Mercom), based in Bangalore, is the only clean energy communications firm in India. Mercom is a subsidiary of Mercom Capital Group, LLC, a full service public relations, public affairs and market intelligence firm specializing in clean energy, based in Austin, Texas, USA. At Mercom, we help clean energy companies gain market share while building powerful relationships with media, analysts, government decision-makers and local communities. We arm our clients with timely market intelligence to ensure their competitive position and overall success. For more information visit: mercomindia 9dot) com or mercomcapital(dot)com