Global renewable energy M&As at $21.7-bn in Q1: E&Y

摘要

Around $21.7-bn worth of renewable energy mergers and acquisitions were completed globally in the first quarter this year and more consolidation moves in the sector are on the cards, Ernst & Young said in a report. The M&A activity increased despite difficult economic conditions, largely because of consolidation, according to E&Y's latest quarterly report on global renewable energy country attractiveness indices. The first quarter of this year saw $21.7-bn worth of renewable energy transactions being completed -. a rise of 41% over the last quarter of 2011 and going forward it is likely to rise further.