Insights into the cleantech industry by Corentin de Ricaud
The rapid growth rate of energy storage in the MENA region, led by the GCC, is surprising many analysts. Saudi Arabia, in particular, is set to be the third biggest global BESS market after the USA and China in 2026.
While Green Bonds have commanded headlines, we observe a more interesting development in green finance. Compared to last year, the issuance of new Green Bonds has fallen by nearly 35%, to just USD 83 billion in Q1 of 2022. Rising interest rates, inflationary pressures and fallout from the Ukrainian conflict have reduced issuance of many global bonds – green ones included.
In this article, we offer a panorama of the merger & acquisition (M&A) landscape in Europe and examine various valuation methodologies used in M&A for the renewable energy sector, an area of growing economic importance. We explain the key aspects that must...