Global M&A up in renewables

Caitlin Morrison
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GLOBAL mergers and acquisitions value in the power and renewables sector increased by 70 per cent between 2013 and 2014, and is currently at the highest level seen in the current decade, according to new research from PwC.

Total worldwide power and renewables deal value rose from $143.3bn (£94.4bn) to $243.1bn, the first time the total has broken out of the $100bn-$200bn range since pre-credit crisis 2007.

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