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    Home > Chemicals Industry > International Chemical > In 2017, renewable energy accounted for 1/4 of global M&A transactions by power companies

    In 2017, renewable energy accounted for 1/4 of global M&A transactions by power companies

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    In terms of value and volume, renewable energy growth in 2017 drove M&A deals from power companies (power and utilities) to an eight-year high
    .

    In 2017, renewable energy accounted for 1/4 of global M&A transactions by power companies

    According to business services firm Ernst & Young (EY), 516 deals amounted to $200 billion in 2017, of which about $43 billion
    was made up of low-carbon energy sources such as wind and solar.

    Renewable energy deal volumes grew by about 28%, and all energy M&A transactions increased by 10%
    overall.

    EY said renewable energy investment grew 150 percent in 2017, with much of that value attributable to $15.
    1 billion in European transactions
    .

    As buyers continue to prefer long-term, stable returns, transmission and distribution account for almost half of the total transaction value
    .

    Last year, there was another wave of M&A deals from independent power producers, particularly in Europe and the United States, with deal value increasing to $33 billion from $15.
    2 billion
    in 2016.

    In terms of value and volume, renewable energy growth in 2017 drove M&A deals from power companies (power and utilities) to an eight-year high
    .

    renewable energy

    In 2017, renewable energy accounted for 1/4 of global M&A transactions by power companies

    In 2017, renewable energy accounted for 1/4 of global M&A transactions by power companies

    According to business services firm Ernst & Young (EY), 516 deals amounted to $200 billion in 2017, of which about $43 billion
    was made up of low-carbon energy sources such as wind and solar.

    Renewable energy deal volumes grew by about 28%, and all energy M&A transactions increased by 10%
    overall.

    EY said renewable energy investment grew 150 percent in 2017, with much of that value attributable to $15.
    1 billion in European transactions
    .

    As buyers continue to prefer long-term, stable returns, transmission and distribution account for almost half of the total transaction value
    .

    Last year, there was another wave of M&A deals from independent power producers, particularly in Europe and the United States, with deal value increasing to $33 billion from $15.
    2 billion
    in 2016.

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