Utility Dive•about 1 month ago
Declining solar, storage valuations drive increased M&A: Mercom
Key Takeaway
The current market environment, characterized by declining valuations, presents a prime opportunity for M&A in solar and storage, particularly for late-stage, low-risk projects, which are highly valued by buyers.
AI Summary
- •Declining valuations in the solar and energy storage sectors are driving a significant increase in M&A activity.
- •Market uncertainty is creating opportunities for 'good deals' on renewable energy assets.
- •Late-stage, low-risk solar and storage projects, nearing or ready for construction, are highly sought after and considered premium assets.
- •Developers with shovel-ready solar and storage projects are in a strong position for acquisition or strategic partnerships due to high demand.
Topics
financingm&appasolarstorage