The 2009 Nordic Deal Flow report from Cleantech Scandinavia reported 7 larger private equity investments totaling EUR 31,1 million and 18 larger publicly funded cleantech investments totaling EUR 25,6 million made in Denmark that year. The average amount of private investment pr. deal in Denmark is approximately EUR 4,4 million.

VENTURE CAPITAL

Danish Venture Capital Association
Danish Venture Capital and Private Equity Association (DVCA) is a member association for a broad range of high technological investors in Denmark.

DVCA covers the whole investment chain from individual business angels over venture companies into private equity firms and institutional investors.
dvca.dk

Vækstfonden
The Growth Fund (Vækstfonden) is a Danish state investment fund. The fund looks for innovative companies that need venture capital to grow. The fund has financed growth in over 3,500 Danish companies totalling more than DKK 6.5 billion and it invests up to €3.3 million per investment
vaekstfonden.dk

CAT Science Park
The CAT Science Park is a privately-held company, helping entrepreneurs and innovators to find the capital and the right competences required to turn ideas into enterprises. The CAT Science Park is a unique combination of government-backed, pre-seed capital, science park, and venture company. In addition to its own funds in CAT Seed, the CAT Science Park manages venture capital on behalf of the Danish Agency for Science Technology and Innovation and  CAT Invest A/S as well as attracting capital from private investors.

The focus areas of CAT are: IT & communication technology, cleantech, life science, and industrial innovation.

The amount of a typical investment ranges from DKK 1.5 to 15 million in a period of three to seven years.
catscience.eu

DTU Symbion Innovation
DTU Symbion Innovation invests in ambitious and visionary start-up companies who produce innovative, high-technological, research or knowledge intensive ideas that are abreast of the technological and marketing development.

They emphasize that the products target a growing international market, and a company to become needs to show the ability or interest in establishing a qualified and proactive management.
In return, DTU Symbion Innovation offer to invest up to DKK 4 million in a company. The capital will typically be contributed as share capital.

The geographic focus is Copenhagen and the Danish capital region.
dtusymbioninnovation.dk

Energi Invest Fyn A/S
The focus of Energi Invest Fyn A/S is on energy- and communication technology. The fund is relevant for research-based start-ups and existing companies that would like to develop projects in cooperation with research environments.

Energi Invest Fyn A/S is owned by Science Ventures Denmark and Energi Fyn.
energiinvestfyn.dk

Erhvervsinvest I (DKK 273m) +II (DKK 732m)
The two Erhvervsinvest funds invest in small and medium-sized companies in all sectors, that are facing generation or ownership change.

Erhvervsinvest I has invested in 8 companies and do not invest in any further companies. Investors are primarily banks as well as Vækstfonden.
erhvervsinvest.dk

Inventure Capital A/S
Inventure Capital A/S invests in technology based early stage and more mature companies in Denmark. Inventure Capital is an active investor who supports the portfolio companies in creating value. Inventure Capital's investment areas are ICT, life science, and cleantech. Inventure Capital operates the two early stage funds: INCUBA Venture (€37m) and Syddansk Kapital (€27m).

Vækstfonden is an investor in both funds.
inventurecapital.dk

Science Ventures Denmark A/S
Science Ventures is owned by the University of Southern Denmark and is created to indentify and commercialise technologies and inventions from research institutions in cooperation with investors and companies both nationally and abroad. Investments and project development usually takes place in cooperation with industrial partners and other investors. Its main focus is immature inventions and technologies in need of research-supported development across a range of sectors. The first capital input is between DKK 0.1-10 million.
scienceventures.dk

SEED Capital
SEED Capital finances and assists competent entrepreneurs based in Denmark and Southern Sweden developing Life science, ICT, and Cleantech companies of the future. SEED Capital invests up to €2.5 million per case. It manages three funds: Symbion Capital I A/S, DTU-Invest K/S and SEED Capital K/S.
seedcapital.dk

Syddansk Teknologisk Innovation A/S - invests DKK 25 million annually.
The focus of Syddansk Teknologisk Innovation A/S is on potential entrepreneurs that stem from research- and educational institutions, competence clusters, business, or from private individuals. Syddansk Teknologisk Innovation A/S  invests in start-ups. Besides investments with own funds, it also invests on behalf of the state in innovative start-ups. The sectors it invests in are biotechnology, environmental- and energy technology, materials technology and others. The investors of Syddansk Teknologisk Innovation A/S are Science Ventures Denmark, Fonden Syddanske Forskerparker, Fionia Fond, Sønderjyllandsinvesteringsfond, and the Danish Technological Institute
sdti.dk

Sønderjyllands Investeringsfond
The purpose of the fund is to provide loans to small and medium-sized companies which are thought to be able to strengthen the development of Southern Jutland. The size of a loan is between DKK 100,000-1,000,000.
sonderjyllandsinvesteringsfond.dk

Vækst-Invest Nordjylland - DKK 100 million under management.
The geographic focus of Vækst-Invest Nordjylland is companies with headquarters in Region Nordjylland. The fund invests broadly in different sectors but has a focus on industrial and service companies. It invests in companies with a turnover of up to DKK 200m, but with an expected main focus in the interval between DKK 20-100m. First time investments can be up to DKK 10m and the total investments can amount to DKK 15m.

Shareholders are primarily banks in the region as well as Vækstfonden.
vaekstinvest.dk

Østjysk Innovation
Østjysk Innovation focuses on newly established innovative companies that are based on research results or have a high knowledge concentration primarily based in Region Midtjylland or the adjacent regions.

It invests its own funds as well as state funds on behalf of the Ministry of Science, Technology, and innovation. Its portfolio includes companies in the following sectors: biotech/medico, cleantech, ICT, and industry/electronics.
oei.dk

PRIVATE EQUITY

3i Nordic Denmark
3i Nordic Denmark has significant investments within the energy sector. It has €8bn under management focusing on growth capital, mid-market buyouts, and infrastructure across Europe, Asia, and North America. 3i invests in a large range of sectors with specialist teams in oil, gas & power, TMT, business services, healthcare, consumer, and general industrial and financial services.

3i's buyouts acquire majority shares in European companies with a transaction value of up to €1mia. Growth capital invests between €10-250m to acquire minority shares across Europe, Asia, and North America. 3i's venture capital company has activities in Europe and the US with investments of €1-50m per transaction in the first and early phases.
3i.com

ALTOR Equity Partners A/S - €3.8 billion under management.
Altor makes investments within batteries and construction, focusing on medium sized companies in the Nordic region that is companies with revenues between €50-500m. Leading institutional investors have committed a total of €3.8 billion to Altor in three funds. The investments are buyouts and growth capital and its size is €25-150m equity investment, but selectively up to €400m.
altor.com

Bankinvest
The BankInvest Group is one of the leading independent asset managers in the Nordic region. The group offers investment expertise in several areas including cleantech. Among investments are global equities, emerging markets equities and debts. The fund investment group is also responsible for Socially Responsible Investments (SRI).
bankinvest.com

P/S BankInvest New Energy Solutions
The sectors BankInvest New Energy Solutions focus on are renewable energy, distributed energy, and ways of making the traditional energy sector more effective. P/S BankInvest New Energy Solutions only makes equity investments and will not provide other forms of financing such as single project financing. The Fund's investment focus is start-up and/or early expansion financing based upon a credible business model and development plan for proprietary products and services. P/S BankInvest New Energy Solutions invests in unlisted companies in their early phase of development, focused on new energy solutions and offering a considerable growth potential and with a plan to exit through trade sale or stock exchange listing (IPO). Investments are primarily made in companies domiciled in Denmark, secondarily in Sweden, Norway, Finland, Germany, the United Kingdom, Ireland, Switzerland, France and Benelux. P/S BankInvest New Energy Solutions occasionally invest in companies in North America, with local VC firms familiar to P/S BankInvest New Energy Solutions, which will take the lead investor role.

P/S BankInvest manages two funds: Private Equity New Markets I (USD 90m) & II (USD 150m).
biventure.com

BASF Venture Capital
BASF Venture Capital is a globally active investor that typically invests between one and five million Euros per venture.
BASF Venture Capital invests this capital in young start-up companies who stand out due to their ground-breaking technology. It is important to the fund to offer our portfolio companies excellent potential for growth by giving them access to BASF Group worldwide.

BASF Venture Capital prefers to invest in start-up companies with innovations in the following segments: chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas.

It is also very interested in new methods and products: energy management: new materials and technologies to transform, safeguard or store energy, energy management: organic electronics for flexible displays, OLED-lighting, batteries, organic photovoltaic (OPV), printable electronics, MedTech: surface treatment for medical systems, green biotechnology, industrial biotechnology for new products, raw material change: sustainable production of chemical intermediates based on renewable resources, and nanotechnology: material with novel properties and applications.
basf.com/group/corporate/en/innovations/research-verbund/organization/bvc

Bifrost Ventures Fund I K/S
Bifrost Ventures Fund I K/S has been allotted DKK 125-175 million by Vækstfonden on condition that the fund raises a minimum of DKK 125 million from private investors. The fund's website is currently under construction.
bifrostventures.com

Capricorn Venture Partners - €112 million under management.
Capricorn Venture Partners is an independent pan-European manager of venture capital funds that invests in innovative European companies with technology as their competitive advantage. Capricorn currently has the Capricorn Cleantech Fund which focuses on innovative growth companies in Europe that own or develop breakthrough technologies in the fields of: renewable energy & energy efficiency, water, renewable resources & biorefineries, clean air, CO2 reduction & climate change, and green chemistry & advanced materials. Its investment focus is on early to mid-stage ventures. Initial investments typically amount to €0.5-5 million. The investors in Capricorn are private investors from Belgium, Norway, and Denmark
capricorn.be

Clean World Capital - mandated to raise close to €1 billion in equity and debt financing in 2010.
In 2010 Clean World Capital focuses on the areas solar power, wind power (investments in pre- and post-concession development projects), hydro power, waste to energy (expansion capital for BTE technology and project financing for int. roll-out of BTE & EfW plants), and clean tech (venture capital and business angels for R&D efforts).
cleanworldcapital.com

Climate Change Capital - manages funds with over USD 1.5 billion of commitments (31 Dec 2009).
Climate Change Capital is a London-based investment manager and advisor specialising in the opportunities generated by the global transition to a low carbon economy.
Climate Change Capital has two distinct but complementary business groups:

Asset Management, in which Climate Change Capital develops and manages funds that invest in companies, projects and technologies that provide products or services facilitating climate change mitigation or adaptation. Climate Change Capital's investment portfolios focus on the asset classes: Carbon Finance (€750m), Private Equity (target investments in high growth cleantech areas), Property (invests in mainstream commercial property with the emphasis on retrofitting existing buildings in major cities in the UK.), and Energy Infrastructure.

The advisory business groups provides financial, strategic and policy advice to energy-intensive industries, financial institutions, clean technology companies and governments
climatechangecapital.com

Creandum - app. €120 million under management.
Creandum is an early stage Nordic venture capital firm based in Stockholm Sweden, investing in Nordic companies and teams in the technology sectors. Creandum invest in the early stages of a company's life cycle, often defined as seed and start-up phases.
The initial investments can be as small as a couple of hundred thousand Euros and can go up to 10 million Euros over the life cycle of a company.

Creandum divides its investments in five main categories each representing one level in the value chain of the high technology business: materials, components, systems, software, and services.

Creandum is among other major international investors supported by the European Communities Growth and Employment Initiative, MAP - ETF Start-up Facility, and has as one of its corner investors the 6th Swedish National Pension Fund.
creandum.com

C.W. Obel A/S
C.W. Obel invests in medium-sized Danish companies who typically has an equity need for expansion, buyouts etc. C.W. Opel has an equity investment in Danfoss Semco A/S.
cwobel.dk

CVC Capital Partners A/S - €13.5 billion under management.
CVC focuses on building businesses over the long-term, typically holding investments for five years or more. CVC funds have a diverse portfolio of investments. CVC invests in a cross-section of global industrial and service businesses with an enterprise value of €250m-10bn which have opportunities for growth. CVC is actively investing from CVC Tandem Fund, CVC Fund V and CVC Asia III. CVC has among others invested in Elster Group - the world's largest manufacturer of utility meters.
cvc.com

Dania Capital Advisors - DKK 787,5 million under management.
Dania Capital makes majority investments in small and medium-sized companies within industry, trade, distribution, and service. Its geographical reach is companies in the EU or Norway. Dania Capital does not invest in venture- and startup companies. Dania Capital currently has DKK 787. Dania Capital has among others invested in Novenco, a global provider of industrial and maritime system solutions in ventilation.
daniacapital.dk

Danfoss A/S Corporate Venture
Danfoss A/S Corporate Venture makes investments in and contribute to the business development of entrepreneurial businesses that are connected to Danfoss' business areas. The investment areas are refrigeration and air conditioning, district energy, Danfoss power electronics, Sauer Danfoss (engineered hydraulic, electric, and electronic systems), commercial compressors, and heating solutions.

Danfoss A/S Corporate Venture invests primarily in seed and early stage copmanies. The geographical scope is primarily Europe and North America.
ventures.danfoss.com

Dansk Kapitalanlæg Aktieselskab
The investment criteria for Dansk Kapitalanlæg are typically companies which are based in Denmark with a turnover of DKK100-500m and that operate in growth markets or markets that face structural changes. Dansk Kapitalanlæg has special competencies within knowledge-heavy industries such as ICT, cleantech, and high value-added engineering. Its initial investment is typically between DKK 35 and 100m in terms of equity excluding capital for add-on acquisitions and investments in operational improvements or expansion.
dankap.dk

Dansk Merchant Capital
Dansk Merchant Capital typically invests between DKK 10-30 million in the individual company but is willing to increase the direct investments if it cooperates with partners. The time horizon of the investments is typically between 1 and 5 years. Dansk Merchant Capital does not focus its investments on any particular sector. It for example invests in companies that face substantial growth, a generational shift, or a company that lacks capital to buy up a company.
dmc.dk

Danske Private Equity - €2.3 billion under management.
Danske Private Equity focuses its investments on small and medium-sized companies across sectors in North America and Western Europe with a particular focus on middle market buyout funds. Among other things Danske Private Equity is invested in DTU SYmbion innovation, which has a special focus on cleantech.
www-2.danskebank.com/danskeprivateequity

Deltaq Management - DKK 325 million under management.
Deltaq invests in small and medium-sized companies, that is, companies with a turnover between DKK 50-250m, typically with a need for a generation- or ownership change or with a need for equity to realize growth potentials. Deltaq does not make seed and venture investments as such. Deltaq has among others invested in Operail which focuses on signal and systems management of railway.
deltaq.dk

Executive Capital
Executive Capital primarily invests in small and medium-sized companies, that is, companies with a turnover between DKK 25-250m. Executive Capital invests in well-established companies within industry, trade, and service. Executive Capital invests in growth companies, turnaround companies, ethical companies, i.e. companies with a focus on CSR/the environment, as well as companies that face generational change.
executivecapital.dk

FSN Capital - €525 million under management.
FSN Capital is a leading Nordic private equity investment company focused on the middle-market segment, i.e. companies with enterprise values between €50-200m. Originally established in 2000, FSN Capital seeks to make control investments in Nordic companies with significant potential to become international leaders.FSN currently manages two active funds: FSN Capital II (€151m) and FSN Capital III (€375m). FSN Capital invests in a range of sectors and has made investments within batteries and ecologic and economical lighting solutions.
fsncapital.com

Genua A/S - DKK 250 million under management.
Genua A/S owns property and securities, as well as large or small shareholdings in active companies. Genua has invested in cleantech companies such as Vestas aircoil.

Grundfos New Business A/S
Grundfos New Business is a venture capital company, created with the objective of developing new business areas that can expand Grundfos' business area in the long term and add new competencies, technologies, and market accesses to the existing core business. The investment focus is 'Clean Water for the World', that is, cleantech solutions that can clean waste water and other polluted water sources decentrally. Its portfolio toady consists of 5 companies.
grundfos.com

IK Investment Partners - €5.7 billion under management.
IK Investment Partners typically seek to invest in established mid-sized companies with a proven ability to generate significant cash flow. IK make equity investments normally in the range of €50-150m and seeks majority control in the companies they acquire. Its target markets are the Benelux countries, Denmark, Finland, France, Germany/CEE, Norway and Sweden. IK has made investments across a range of industries, among others within the building industry and mechanical power transmission solutions and services for the process and energy industries.
ikinvest.com

Industri Udvikling II K/S
Industri Udvikling invests primarily in Danish industrial companies with a turnover of up to DKK 200-300m. Industri Udvikling's investments typically amount to DKK 5-20m and it is always a minority investor. Industri Udvikling has two funds that invest broadly among the sectors within manufacturing companies and has made several cleantech investments, e.g. Agramkow Fluid Systems A/S.
industriudvikling.dk

Jysk-Fynsk Kapital A/S
Jysk-Fynsk Kapital invests in Danish small and medium-sized industrial companies, typically with a turnover of less than DKK 100m. Jysk-Fynsk Kapital has among others investments within the building industry.
jf-kapital.dk

Kohlberg Kravis Roberts & Co. Ltd.
KKR is a leading global alternative asset manager with three primary business lines: private equity, fixed income and capital markets. In general, the companies in which KKR invests with private equity capital are at a transition point in their development, and KKR acts as 'agents of change' for those businesses. KKR has managed and sponsored 14 private equity funds that have received capital commitments of more than $59.3 billion during the last three decades.

KKR's portfolio companies span 14 industry segments, and are located throughout the US, Europe, and Asia. KKR has made several cleantech investments e.g. in Energy Future Holdings.
kkr.com

LD Invest Equity A/S - DKK 7.5 billion under management.
LD Invest has five investment mandates of which the three funds LD Equity 1, LD Equity 2, and LD Equity 3 constitute capital commitments of DKK 6.7 billion. LD Invest Equity focuses primarily on companies with a turnover of DKK 200-1,000m within industry, trade, and service and the investments are in the size of DKK 50-150m, and LD Invest has made investments in environment & technology companies such as Solum A/S.
ld-invest.dk

Nordic Capital - €4,300 million under management.
Nordic Capital private equity funds focus primarily on investments in large and medium-sized companies in the Nordic region and on selected international investment opportunities. Since 1989 Nordic Capital funds have invested in a large number of Nordic-based companies operating in different sectors, among others it has invested in offshore energy service.
nordiccapital.com

Nordic Growth
Nordic Growth invests in companies of various sizes and in various sectors, but investments in seed companies are rare. The investments are in companies with potential for substantial growth also internationally. Nordic Growth invests in minority stakes in companies active in Denmark, Estonia, Finland, Latvia, Lithuania, Norway and Sweden, but is also interested in arranging and participating also in deals up to 100% of the share capital.
nordicgrowth.com

Northzone Ventures - currently manages €355 million.
Northzone Ventures is a leading early-stage venture capital investor with a Nordic focus. Northzone invests in technology (ICT, materials and cleantech) based companies with a significant growth potential, and where the realisation of this potential often requires internationalisation of the company. Northzone invests from €0.5 mill. (typically a seed case) to €5 mill. (typically an expansion case) in the A round, and follow up to a maximum about €20 mill. if justified. Northzone Ventures has raised and managed 6 different funds with different foci: NZ I: early stage companies, NZ II: converging technology companies, NZ III (€75m), NZ IV (€78m): early stage companies but stronger emphasis on 'hard-core' technology, NZ V (€175m), NZ VI (€90m, targeting €150m): fast growing European technology companies.
northzone.com

Norventum Capital
Norventum Capital focuses on seed and early stage technology start-ups with significant growth and value creation potential. The sector and the geography are much less important to Norventum Capital than the idea, the market, and the team. It only invests in companies that focus on markets that are, or will be, experiencing high growth. The geographic focus is primarily the Nordic region.
norventum.com

Odin Equity Partners
Odin Equity Partners is an independent and partner driven private equity firm with a focus on investments in and development of smaller and medium sized Danish and Swedish based companies.
odinequity.dk

PAI Partners ApS
PAI Partners makes controlling equity investments in Leveraged Buy-Outs with transaction values generally between €500m and several billion Euros. PAI Partners currently manages three active funds and their investments are typically made in medium to large size companies that are headquartered in Europe and belong to one of PAI's core industries, which are consumer retail industry, building materials & construction, general industrials, chemicals, business services, IT/Telecom, consumer products, media, healthcare, hospitality, financial services, and real estate.

PAI Partners has invested in a wide range of cleantech categories such as water and waste management services, natural ingredients for pharmaceutical and food industry, and building and engineering.
paipartners.com

Ratos AB
Ratos is a sector neutral investor that invests in companies in the Nordic region. Ratos focuses on mid-segment buy-outs and invests equity between SEK 150-5,000m. Ratos does not manage any funds but is one of the few listed companies in Sweden whose main activity is direct investments in unlisted companies. Ratos has invested in several cleantech projects such as offshore wind.
ratos.se

Sustainable Technologies Fund
Sustainable Technologies Fund invests primarily in Nordic cleantech companies seeking international networks for global expansion, technological development expertise, and operational skill sets. Its preferred investment focus is on series A and B rounds, but it is also open to investing in more established businesses that would like to accelerate growth. The typical investment size is €1-€3 million, and Sustainable Technologies Fund seeks to invest €4-€6 million over the life of an investment. The fund focuses on the following sectors: energy efficiency, energy storage, renewable energy generation, energy transmission, biofuels, water, soil & air purification, sustainable materials & chemicals, and recycling waste management.
stechpartner.com

BUSINESS ANGELS

1st mile
1st mile focuses on cleantech projects. It finds investors for business cases and business cases for investors, provides research projects with research expertise, and supports the development of both business plans and fund applications.
1stmile.dk

ApS Falkenhøj - Ole Andersen
ApS Falkenhøj is a partner for development of small and medium-sized companies undergoing strategic change. The tasks it engages in include strategic planning, equity investment, interim management, and other long term commitments.
falkenhoj.dk

Beltoft Management ApS
Beltoft Management focuses on international growth opportunities and has experience in the areas of human health products, foods and food ingredients, biofuels etc.
beltoftmanagement.dk

Business Angels Copenhagen
Business Angels Copenhagen's aim is to create value for start-ups and growth companies by offering professional sparring and raising funds. It is a network of business angels that typically invest between DKK 0.5-5m. Entrepreneurs can send in their business cases to BA Copenhagen, who, if they find the case attractive for the network, distributes the case to all relevant members.
ba-copenhagen.dk

Bokredit ApS
Bokredit is an independent Danish finance company, which is the mother company for a number of finance companies as well as a rental company. These finance companies make loans of up to DKK 100,000; DKK 250,000 and SEK 20,000 respectively.
bokredit.dk

Jesper Jarlbæk
Jesper Jarlbæk invests in companies which have passed the seed capital stage. The investments are in the size of DKK 0.5-5m for a minority share. Jesper Jarlbæk has made one significant cleantech investment within water.
jarlbaek.net

EVA Invest A/S
EVA Invest has split its activities into three main categories: EVA Properties, EVA Business, and EVA Energy which primarily invests in wind energy but also works with photovoltaic plants, alternative fuels, and exploitation of residual heat.
evainvest.com

Fava ApS - Torben Scheel
Fava invests in new companies and has not specified any sectors as a particular focus.
fava.dk

FIRMAINVEST A/S
Firmainvest invests in small and mid-size companies. It does not invest in any particular sector, instead Firmainvest emphasizes that their investments are used for growth, development, restructuring or the like. Firmainvest has made one investment in ventilation.
firmainvest.com

Optiteam
Optiteam is a team of Business Angels that among others offer seed capital for start-ups or small technology ventures, in a premature phase, typically within an industry that is experiencing structural changes.
optiteam.com

Interagan Technology Group
The Interagan Technology Group has helped form the Interagan Investment Consortium which focuses on IT, internet, cleantech, medical, and related fields. The Interagan Investment Consortium helps Scandinavian high-technology companies enter the North American market.  It has offices in Denmark, Sweden, the United States and Canada.  And it maintains relationships with North American and Scandinavian investors.
interagan.com

Kiwit ApS
Incuba Science Park Skejby, website launch May 2010.
kiwit.dk

Knowledge works ventures - Alex Farcet
English language investor portal for startups under construction. startupdenmark.dk

Nordin Invest
Nordin Invest is a financially strong investor that in cooperation with other investors contribute with intelligent venture capital to small and medium-sized companies. Nordin Invest does not focus on particular sectors, but decides whether to invest on a case-by-case basis no matter how long the company has existed and  if the company has a local or a global focus.
nordininvest.dk

Orye Schiff Asset Management AG
Orye Schiff Asset Management AG's investment management company is Propelle AG. Propelle undertakes expert portfolio management for some of Scandinavia's most successful business owners and entrepreneurs and makes investments in four areas: emerging markets, alternative energy, natural resources, and inflation hedge. The objective of the alternative energy portfolio is to create long-term growth through global investments in listed companies involved in alternative energy such as wind power, solar energy, and liquid gas.
oryeschiff.com

YVC A/S
YVC among others undertakes investments in unlisted companies. YVC's investments are not specified as being within cleantech but it does invest in IT/technology start-ups.YVC A/S has the subsidiary Solar Energy Company A/S which is a series of investment companies that invest in green energy via investments in photovoltaic plants in Italy.
yvc.dk