8 Nov 2022 .

From project to portfolio: The rise in platform mergers and acquisitions

Mixed wind and solar farm landscape

What’s driving deals?

Some of the biggest deals in the renewable energy sector in recent years have not just involved individual projects being sold or financed but entire platforms changing hands. Mergers and acquisitions (M&A) of renewable energy developers with large project pipelines played a major role in making 2021 a landmark year for power sector deals.

Notable deals included Hanwha Solutions’ €727m acquisition of RES France, Ørsted’s €684m acquisition of Brookfield Renewable’s Irish and UK business, and Macquarie’s €2.5bn acquisition of Reden Solar. But what is driving this deal frenzy? And are the eye-watering sums paid by investors for early-stage development pipelines really justified?

To find out more click here: From project to portfolio - white paper