Carlyle (Group) eyes renewable energy, predicts IPOs

[jpak]

http://today.reuters.com/business/newsarticle.aspx?type=ousiv&storyID=2006-02-22T204126Z_01_L22752273_RTRIDST_0_BUSINESSPRO-FINANCIAL-GERMANY-CARLYLE-DC.XML

FRANKFURT (Reuters) - The Carlyle Group is set to boost its investment in the renewable energy sector as demand from U.S. state entities is rising, the firm's founder and managing director, David Rubenstein, said on Wednesday.

"We intend to be much more active in the wind, power, solar energy, biomass and geothermal areas," Rubenstein said.

"We think it's an extremely attractive area in which to invest, particularly because many states in the U.S. now require that utilities buy a certain percentage of their energy from solar, biomass, geothermal or wind power sources," he told Reuters at a private equity conference in Frankfurt where he also predicted that some buyout firms would go public within the next several years.

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[donsu]

1. they play us americans like a banjo

nt

[The_Casual_Observer]

2. First few to jump into this with a half ass idea and a good powerpoint

slideshow will win big. It's the next .com boom

[tridim]

3. Getting BushCo involved in renewable energy is a sure way

to fuck it up. BushCo is all about oil.. Their involvement is the proverbial wrench in the works. They must be stopped.

[Canuckistanian]

4. What are they gonna do?

Corner the market on silicon for PV panels? Buy up all the ball bearing plants for turbine hubs?

They're all about plundering resources that are mostly in foreign lands.

There's nothing to stake a claim on or bribe an official for.

They'll just have to (gasp) compete, like everyone else.

[Dead_Parrot]

5. They'll find some way to screw it.

maybe manufacture PV/turbines at a loss, put everyone else out business then scrap their production.

It's like watching a hyena go to a salad bar. You just know they're up to something.

[Canuckistanian]

6. True

Can't argue that. Just can't imagine HOW. Love the hyena/salad bar bit.

[donsu]

7. they want to control all alternative energy just like they control fossile

control means they get the profits and the power