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The renewables sector is proving a busy market for Mergers & Acquisitions (M&A) with deal-making is running at very high levels albeit for smaller values than in previous years.
The pattern of investment and deals in renewables continues to be strongly influenced by regulatory incentives. There is an element of taking stock as some governments review the best way to balance the triple objective of affordability, security of supply and cleaner energy in the context of tighter public finances.
Looking forward, we see a busy year ahead as companies must react when governments clarify any adjustments of regulatory regimes to match their fiscal constraints.
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