Country / Language

CohnReznick Releases Report on Renewable Energy M&A Activity Focusing on the Americas


Findings show positive global outlook; U.S. as most attractive country for investors

June 5, 2013 – Atlanta, GA – Accounting, tax and advisory firm CohnReznick LLP (CR) has released a new report, “Green Energy 2013: Renewable Energy M&A Activity in the Americas”, published in collaboration with Clean Energy Pipeline. The report focuses on mergers and acquisitions (M&A) activity in the renewable energy sector in the Americas, based on a survey of more than 800 senior executives in the renewable energy industry worldwide.

The report found that the U.S. is by far the most attractive country for investors with almost 45% of survey respondents planning to invest in or acquire in the U.S. renewable energy sector during the next 18 months, more than double the number targeting 2nd place Germany. Globally, a total of 591 acquisitions valued at $37.8 billion were announced in 2012, a 58% increase by number on the 375 deals totaling $42.1 billion announced in 2011.

“The report provides interesting insider analysis that is largely positive in terms of future growth, showing that industry leaders are nearly unanimous in predicting a positive outlook for M&A activity in the renewable energy sector, especially throughout the U.S.,” said Tim Kemper, Partner and National Co-Leader of the CohnReznick Renewable Energy Practice.  “We can see that global renewable energy M&A activity has grown at a steady pace during the past four years.”

Report Highlights:

  • The Americas accounted for 42% of the total value of M&A deal activity last year.
  • Wind and solar were the most active sectors, accounting for a combined 78% of the total value of all transactions.
  • Solar is the most attractive sector for North American survey respondents. Some 63% of survey respondents are targeting investments or acquisitions in solar PV, more than the number targeting biomass (45%), onshore wind (41%) or biofuels (39%).
  • Renewable energy projects are now cost competitive with newly built fossil fuel power plants in many Latin American countries.
  • Canada is now the fifth most attractive country globally for renewable energy investment, showing a significant increase of survey respondents who are targeting Canada for clean energy investments than last year.
     

The report was written in collaboration with Clean Energy Pipeline, a specialist in renewable energy research, data and financial news provider. A full copy of the report can be downloaded here.

Search Our People

Search Our People

Look ahead. Gain insight. Imagine more. Is your business ready to break through?

View our new TV commercial..

Industry Outlooks

Industry Outlooks

Gain insight into what is ahead for the Commercial Real Estate, Technology and Middle Market Private Equity industries.

READ MORE

Learn about our upcoming events.

READ MORE

Working With Us

Working With Us

What makes CohnReznick different from others in our profession? And what should our clients come to expect when working with us? The answer is The CohnReznick Advantage. Contact us to learn how we can out the CohnReznick Advantage to work for your business.


People

The value of an organization is determined by the skills and qualities of its leaders. With more than 280 partners serving clients nationwide, CohnReznick is renowned for the diverse experiences, knowledge and backgrounds of its leadership.

Learn More

Services

We align our services in three segments: Accounting and Assurance, Tax, and Advisory. This approach allows us to provide holistic solutions to complex business problems and to seize upon opportunities requiring an integrated approach.

Learn More

Industries

Accounting and tax issues different significantly based on an organization's industry. We provide clients with expertise in nearly two dozen industries – we know the opportunities, the obstacles, the competitive landscape.

Learn more

Insights

CohnReznick professionals are thought leaders in their industries. Clients benefit from relevant and timely economic, legislative and industry insights that can keep them a step ahead of competition.

Learn More

Global Reach

Our involvement in the Nexia International network of firms enables us assist our clients wherever they do business-providing local expertise and connections wherever they needed. Nexia is comprised of 20,000 professionals operating in over 100 countries.

Learn More