Full Title: US Renewable M&A Revs Up
Author(s): Deloitte
Publisher(s): Deloitte
Publication Date: September 1, 2015
Full Text: Download Resource
Description (excerpt):
Renewable power is fast-becoming a mainstream energy source as opposed to an alternative one. Despite continuing headwinds in the form of lackluster US electricity demand growth and competition from domestic natural gas, renewable M&A activity revved up in 2014, with acquisitions of new capacity rising 37 percent year-over-year (YoY). On the whole, this activity was primarily driven by the success of financing innovations, such as the YieldCo and green bonds, which opened the oodgates to a sea of lower-cost capital. YieldCos, in particular, helped fuel deal activity as they ratcheted up the demand for renewable assets.