PT - JOURNAL ARTICLE AU - Carol Marie Boyer TI - Early Stage Financing of Clean Technology Industries: <em>Does Private Equity Backing Matter?</em> AID - 10.3905/jpe.2011.14.4.073 DP - 2011 Aug 31 TA - The Journal of Private Equity PG - 73--78 VI - 14 IP - 4 4099 - https://pm-research.com/content/14/4/73.short 4100 - https://pm-research.com/content/14/4/73.full AB - Clean technology has the ability to transform the global economy by lessening climate change and providing for energy independence and strategic economic growth. This article examines the early stage financing of clean technology industries and the involvement of private equity. Financial comparisons between clean technology firms and other small-cap firms are made in terms of performance, price-toearnings ratios, capital expenditures, and research and development. The influence of private equity due diligence within the clean technology sector is also examined. A survey is used to gather information regarding early stage financing of clean technology firms and use of government grants.TOPICS: Private equity, ESG investing, other real assets, performance measurement