• 29-JAN-2012

  • SOURCE: PricewaterhouseCoopers LLP

Renewables M&A Hits New Record Highs

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30 Jan 2012 -- Deals for 'new generation' renewable technologies – wind, solar, biomass - are entering the big time driving the market to new record highs, reports PwC in its annual global analysis of merger and acquisition (M&A) transactions in the renewable sector. Deal values rose 40% year on year, from US$38.2bn in 2010 to a record level of US$53.5bn in 2011. Billion dollar deals dominated, as solar, wind and energy efficiency deals overtook hydropower as the driver for big deal values for the first time. One in every three deals last year was solar and overall deal value for the sector is up 56% from US$10.2bn to US$15.8bn. Available material includes general views of the PwC Headquarters in London and a still image of the PwC logo.