Full Title: How Private Capital Is Shaping the Energy Evolution
Author(s): Vinson & Elkins
Publisher(s): Vinson & Elkins
Publication Date: December 9, 2021
Full Text: Download Resource
Description (excerpt):
As the energy industry transitions to renewables, private investment trends remain dynamic. Billions of VC dollars are flowing into cleantech, while PE firms consolidate traditional producers and expand holdings of wind and solar.
This report reviews the full spectrum of private investment in depth, with key findings including:
- After a sluggish 2020, dealmaking is ramping back up, with record buyout multiples raising the stakes for PE fund managers.
- Alternative and nontraditional energy companies account for growing proportions of energy M&A, as E&P compress somewhat.
- Venture funding is diversifying across a wider array of cleantech than ever before, from greener building materials to commercial-scale, next-generation batteries.