Everything News Jobs Opportunities Events Products/Services
more
 
About
Go to Home
Sign Up Sign in

The Low Carbon Economy Ltd

28 Mar 2011 12:03:06

PwC: Renewable energy M&A experience strong year



PwC: Renewable energy M&A experience strong year
Appetite is returning for mergers and acquisitions (M&A) in the renewable energy industry, with North America climbing back following the economic downturn, a new PwC report shows.

Figures from the annual PwC Renewable Deals report reveal volumes of deals were up across the globe over the past 12 months, although the actual value of the transaction saw a reduction.

The North American market experienced a significant upturn following energy efficiency drives, with the US almost matching Europe in terms of deal volumes.

Wind and solar power transactions were said to have continued to "dominate" the global market, while the level of energy efficiency activity trebled.

Ronan O'Regan, director of renewables and cleantech at PwC, said this growth was driven by an increase in consumer awareness and further regulation.

"Strong confidence has come back to the market after financing issues caused the sector real problems in 2008 and 2009. In addition, in 2010 buyers and sellers expectations are more realistic, which has supported higher deal volumes," he added.

Mr O'Regan said confidence in the renewable energy sector will stay "relatively strong" throughout the year.

Figures released by Bloomberg in early 2011 show green energy investments reached their highest level ever in 2010, hitting $243 billion (£155.3 billion). ADNFCR-1235-ID-800477742-ADNFCR


Discussion Thread  

 


The Low Carbon Economy Ltd Community



Related Items From Everyone


  1. The Global Wind Turbine Rotor Blade Industry 2015 Market Research Report is a professional and...

    02 Mar 2016
  2. This November, the entire CSP industry will gather to discuss the future of the sector. The...

    30 Jul 2013
  3. ARP Associates Organisations

    ARP Associates are experienced multi-disciplined turnaround professionalswith...

  4. A new government scheme to train lorry drivers in eco-driving techniques could result in savings...

    08 Mar 2010
  5. Or not - check out this response by itself.Frankly, I'm disappointed in The Times. It seems that...




Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback

RSS



We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.