Renewables deals now form a significant part of the overall power sector's merger and acquisition (M&A) activity - albeit in a far tougher market - according to new analysis by professional services group PricewaterhouseCoopers (PWC).Despite growing its slice of the M&A cake, core non-hydro renewables deal activity was very subdued in 2009, PWC found in the second edition of its 'Renewables Deals' report.In part this reflects continued difficult conditions in credit markets, according to the study's authors. In addition, many key players have been focused on developing project portfolios that they have built up over a number of years.
展开▼
