In the global power and utilities market 56% of
M&A deals were in the renewables sector according to EY's
Power Transactions and Trends: Q1 2019 report. This contributed to
a total value of $12.7b (61% of total deal value) with Europe
leading the activity with $5.4b (42.5%) of total renewables deal
value.
The report highlights a positive outlook for
renewable energy transactions, with the clean energy market
expected to continue to grow and attract investment from a variety
of stakeholders, including strategic investors, financial sponsors,
corporations and government. Furthermore, corporations are setting
their own renewable targets, with more than 150 companies pledging
to use 100% renewable energy by 2050 and government applying
pressure worldwide by implementing clean energy policies and new
energy plans.
