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.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Hybrid Energy Innovations 2015
BG 2015DblBox_id2032
Canwea_id1984
Renewable NRG_id1934