Wed, Aug 10, 2022
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Renewable energy deals lose momentum, says Preqin

Thursday, July 25, 2019

Laxman Pai, Opalesque Asia:

As the overall infrastructure market plunged in the first quarter of 2019, the number of renewable energy transactions also slowed, said Preqin.

The Preqin Insights attribute the reasons for lacklustre deals to a combination of factors: sourcing suitable renewable assets have been challenging, interest in the market has ensured a more competitive environment, and - the time taken to complete deals has increased due to the demand for large-scale assets.

Furthermore, oil & gas entity-level deals dominated Q2 transactions in terms of their financial size - these are companies that specialize in operating natural gas pipelines and terminals.

The pressure to take action on the Paris Agreement is therefore not as widespread as it should be to reach the agreed goals.

Paris Agreement targets $100bn in annual climate funding by 2020

In the Paris Agreement of 2016, a group of developed countries pledged to provide $100bn in annual climate funding by 2020.

The global action plan aims to avoid dangerous and irreversible climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C.

In response to the Agreement, renewable energy deals hit (what was at the time) the highest quarterly number of recorded transactions in Q4 2016.

Since then, the figures have continued to rise and Q4 2017 set a new record with 1,615 renewable energy deals, followed by 1,508 deals in Q4 2018.


To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve

  2. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  3. Opalesque Exclusive: Hong Kong manager expects additional tailwind in Asian markets[more]

    B. G., Opalesque Geneva: The Asia equity markets have not been at their best so far this year, with the MSCI Asia index down almost 13% YTD, but many managers remain buoyant about the region, as in

  4. Opalesque Exclusive: Emerging markets persist despite headwinds[more]

    Bailey McCann, Opalesque New York: Emerging markets have been under significant pressure since the start of the year, but there are some nascent trends that suggest that things could be getting better. Emerging markets firm Gramercy Fund Management recently released its third quarter outlook and

  5. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: Castle Hall, the Du