Total corporate funding for solar energy projects hit a 10-year high in 2023, according to Mercom Capital Group’s annual report focused on the solar power sector. Mercom, an integrated communications,…
acquisitions
At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future. In mid-May…
A myriad of issues come into play when parties execute power industry mergers and acquisitions. Part 2 of this two-part series looks at the issues involved with acquisition agreements, and…
A myriad of issues come into play when parties execute power industry mergers and acquisitions. Part 1 of this two-part series examines what dealmakers need to know before making any…
The past year saw an astonishing number of mergers, acquisitions, and business reconfigurations of electricity and energy companies, without any obvious organizing theory. Is it possible to make sense of…
The number and value of deals announced in the power and utilities (P&U) sector in the second quarter (Q2) of the year were both up when compared with Q2 2015.…
Projections that coal utilization will decline faster than previously forecast have spurred Babcock & Wilcox Enterprises (B&W) to shed 200 jobs and restructure its traditional power business that serves coal-fired…
After nearly two months of wooing, General Electric (GE) is finally going to get what it wants. On June 21, GE announced that the Alstom Board of Directors had chosen…
Siemens AG and Mitsubishi Heavy Industries Ltd. (MHI) announced on June 16 that they have submitted a proposal to Alstom, the French multinational conglomerate. The offer comes less than a…
NRG Energy’s shopping spree, which has seen it become the nation’s largest merchant generator through a string of acquisitions, continued this week as subsidiary NRG Yield announced on June 4…