WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 239
Market Data
Money Market Regulations
ENERGY IN
THE REGIONS
HOME
M&A trends in energy utilities
FIGURE 27
Top Renewable Energy Deal Activity by Type
• Renewable energy M&A deals faced signi昀椀cant
headwinds, including economic uncertainty,
geopolitical tensions, high interest rates,
in昀氀ationary pressures, supply chain constraints.
Value ($B)
Volume
250
20
200
• Voluntary carbon reduction plans and the IRA
continue to drive signi昀椀cant investments in
renewables and related green sectors, with
substantial amounts of private capital 昀氀owing
into the renewables industry.
15
• M&A activity in Asia has been driven by large
renewable platforms trading at signi昀椀cant
premiums.
10
• Acquisitions involving partnerships with
international 昀椀rms seeking to leverage Chinese
technology and gain market access are taking
place, alongside investment in the development
of clean technologies.
150
100
5
50
2020
Strategic*
Source: KPMG
2021
PE
Strategic value
2023
PE value
2023
WEMO 2024
0
2019
239
0
