in News Departments > New & Noteworthy
print the content item

Deals involving North American wind and solar energy projects were not only the most valuable but the most plentiful in 2012, according to a report from accounting, tax and advisory firm CohnReznick.

The report, "Green Energy 2013: Renewable Energy M&A Activity in the Americas," focuses on mergers and acquisitions (M&A) activity in the renewable energy sector in the Americas, based on a survey of more than 800 senior executives in the renewable energy industry worldwide.

The report found that the U.S. is by far the most attractive country for investors with almost 45% of survey respondents planning to invest or acquire renewable energy sector in the U.S. during the next 18 months, more than double the number targeting Germany, the No. 2 target.

Globally, a total of 591 acquisitions valued at $37.8 billion were announced in 2012, a 58% increase by number on the 375 deals totaling $42.1 billion announced in 2011.

Among other highlights, the survey concluded:
  • The Americas accounted for 42% of the total value of mergers and acquisitions activity last year;
  • Wind and solar were the most active sectors, accounting for a combined 78% of the total value of all transactions;
  • Solar is the most attractive sector for North American survey respondents. Some 63% of survey respondents are targeting investments or acquisitions in solar photovoltaics, more than the number targeting biomass (45%), onshore wind (41%) or biofuels (39%);
  • Renewable energy projects are now cost competitive with newly built fossil fuel power plants in many Latin American countries; and
  • Canada is now the fifth most attractive country globally for renewable energy investment, showing a significant increase of survey respondents who are targeting Canada for clean energy investments than last year.


Trachte Inc._id1770
Latest Top Stories

Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?


GE Blade Crashes At Mehoopany Wind Farm In Pennsylvania

The turbine manufacturer says the Nov. 2 incident is "isolated and unrelated" when compared to earlier blade issues.

BG 2015DblBox_id2032
Hybrid Energy Innovations 2015
Renewable NRG_id1934