Biggest Clean-Tech M&A Deals of 2009

In 2009, there were an estimated 505 clean-technology M&A transactions globally, totaling $31.8 billion, according to the Cleantech Group, a research firm based in San Francsico. In North America, Europe and Israel, the number of clean technology M&A deals was up from 2008, but the total value of those transactions was down. In China, however, M&A activity in the sector was red hot. The country reached a historic high with 29 transactions totaling $5.5 billion. Click ahead to see the biggest clean tech deals around the world.By Brooke Sopelsa(Posted Jan 8, 2010)

Andrew Holt | Photographer's Choice RF | Getty Images Acquiring Company: Bord Gais (Ireland)Target Company: SWS Natural Resources (Ireland)M&A Type:  AcquisitionAmount:  $720 millionIrish energy provider Bord Gáis completed the purchase of SWS Natural Resources, one of the largest wind generators in Ireland, in December 2009.

Shaun Curry | AFP | Getty Images Company: Statkraft (Norway)Company: StatoilHydro (Norway)M&A Type: DivestureAmount: $741 millionNorwegian energy companies Statkraft and StatoilHydro joined forces to develop a 315-megawatt, offshore wind farm off the coast of Norfolk in the UK. The wind farm will consist of 88 turbines and is planned to start production in 2011.

aegpowersolutions.com Acquiring Company: Germany1 Acquisitions Limited (Germany)Target Company: AEG Power Solutions (France)M&A Type:  Acquisition Amount:  $775 millionGermany1 Acquisitions Limited, a special purpose acquisition company, acquired 100% of the shares of AEG Power Solutions, a power company with a product line that includes solar inverters.

Erik Isakson | Getty Images Acquiring Company: Great Lakes Hydro Income Fund (Canada)Target Company: Brookfield Renewable Power (Canada)M&A Type:  DivestureAmount:  $809 millionThe Great Lakes Hydro Income Fund bought the Canadian renewable power generation assets of Brookfield Renewable Power. The portfolio includes 15 hydroelectric plants and a soon-to-be-constructed wind power project.

Jaques Demarthon | AFP | Getty Images Acquiring Company: Suez Environment (France)Target Company: Agbar (Spain)M&A Type: AcquisitionAmount: $1.3 billionFrance’s Suez Environment, a water and waste management company, acquired Barcelona, Spain-based water company Agbar. The deal makes Suez a leading player in Spain’s water sector.

Pulsar Imagens/Delfim Matins | LatinContent | Getty Images Acquiring Company: Bunge (USA)Target Company: Moema (Brazil)M&A Type: Acquisition Amount:  $1.4 billionBunge, an agricultural company that supplies raw materials and services to the biofuels industry, entered into an agreement to become the 100% owner of Brazillian sugar producer Moema.

Ragnar Singsaas | Getty Images Entertainment | Getty Images Company: Statkraft (Norway)Company: Sodra  (Sweden)M&A Type: Joint VentureAmount: $1.5 billionSwedish forestry and timber product company Södra and Norwegian energy company Statkraft signed a renewable energy agreement in the third quarter that initiates a range of investment projects and cooperative agreements in the energy sector, including the expansion of wind power activities and the supply of district heating, biofuels and electricity.

Getty Images Acquiring Company: Mainstream Renewable Power (Ireland)Target Company: FPC Services (USA)M&A Type: DivestureAmount: $1.7 billionMainstream Renewable Power, a renewable energy company based in Ireland, acquired a portfolio of wind farm projects from Illinois wind farm developer FPC Services. The portfolio has a potential capacity of 787MW.

Getty Images Acquiring Company: GCL-Poly Energy Holdings (China)Target Company: Jiangsu Zhongneng Polysilicon Technology Development Co. (China)M&A Type: AcquisitionAmount: $3.4 billionChinese power company GCL-Poly Energy Holdings acquired Jiangsu Zhongneng Polysilicon Technology Development, China's largest polysilicon and solar wafer maker.

Toshifumi Kitamura | AFP | Getty Images Acquiring Company: Panasonic (Japan)Target Company: Sanyo Electric Co. (Japan)M&A Type:  AcquisitionAmount:  $4.6 billionPanasonic acquired a majority stake in Sanyo Electric., the world's largest rechargeable -battery maker. The takeover makes Panasonic a dominant player in the fast-growing market for hybrid car batteries.

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