"Cleantech Deal of the Year" - Cleantech Group recognizes the acquisition of sonnen by Shell New Energies

"Cleantech Deal of the Year" - Cleantech Group recognizes the acquisition of sonnen by Shell New Energies

Cleantech Group, based in San Francisco, has recognized the acquisition of sonnen by Shell New Energies in February 2019 as "Deal of the Year" in the European cleantech industry. Founded in 2002, Cleantech Group publishes every year the Global Cleantech 100, a list of the industry's most innovative and promising companies, believed tob e set for strong growth over the next five to ten years.

This year, 13,900 companies from 93 countries were nominated for the Global Cleantech 100 and judged by experts to be best positioned to solve the cleantech challenges of the future and significantly influence the market. One of the aims of the award is to recognize innovative and strong new alliances, which have the potential to significantly support the transition from the present towards a CO2-free and resource-efficient future. sonnen has already led this list in the past.

"Cleantech Group is a global authority for clean and sustainable technologies. For us, this is a huge affirmation, as it rates the acquisition of sonnen by Shell as trend-setting for the whole industry. It shows that a young company like sonnen can make a difference in a short time and advance clean technology so much that it changes an entire industry“, says Christoph Ostermann, founder and CEO of sonnen.

eCAPITAL saw the company's potential already very early and was the first investor to fund sonnen at the beginning of 2013. Dr. Paul-Josef Patt, CEO of eCAPITAL, states: "We are very pleased that we were able to successfully support sonnen as lead investor on its journey from a small start-up in the Bavarian province to a global innovation leader. With its intelligent, decentralized approach, sonnen has changed the energy market fundamentally and now has found the right partner in Shell in order to further expand its worldwide leading position as a provider of electricity storage and energy services. That this is now being confirmed by Cleantech Group is a tremendous honor!"

eCAPITAL AG, based in Münster, is a capital management company for alternative investment funds (AIF) in accordance with the EuVECA Regulation. The company is one of the leading venture capital investors in Germany and has been actively supporting innovative entrepreneurs in promising sectors since 1999. The focus is on fast-growing companies in the software / IT, industry 4.0, cleantech and new materials segments. eCAPITAL currently manages funds with a subscription capital of more than 220 million euros.

eCAPITAL entrepreneurial Partners AG
Sylvia Richter
Hafenweg 24
48155 Münster, Germany
Tel.: +49 251 703 767 0
Email: info(at)ecapital.de
Internet: www.ecapital.de/en