A renewables buyout blip

The total value of M&A in the global renewable energy sector dropped by half in the second quarter but given strong investment levels, there is reason to believe the slowdown is just temporary.

The total value of mergers and acquisitions in the global renewable energy sector dropped by more than half in the second quarter, Ernst & Young said on Wednesday.

The main driver behind the fall was the United States and Europe's limited support for renewables over cheaper coal and gas, the accountancy firm said in a report.


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