Higher interest rates, developer evolution – M&A uptick?

As high costs of capital put pressure on project viability, smaller developers may be forced to sell projects, portfolios, or their entire platform as they seek liquidity or an outright exit.

FTI also expects and uptick in corporate renewables adoption as decarbonization and electrification continues to come to the forefront. It expects oil and gas players to actively invest in the sector.

Established renewable technologies like solar and wind comprised about 60% of deal volume, said FTI. Meanwhile, traditional nuclear energy M&A and “renewable” natural gas and biogas transactions increased, suggesting mainstream adoption for a once-niche market.

Link