New York, May 7 (FinanceEnquiry.com) – The Solar Power Market in Europe is expecting a rebound in the renewable energy mergers & acquisitions in the second quarter.
A decline in the module prices might increase the demand, making it a beneficial long term opportunity for the investors. Also, in Europe, the deal value dropped by 70% during the first quarter and was brought down to $5.4 billion, which reflected uncertainty regarding the euro zone debt crisis and difficulties, which dealmakers were facing to secure financing.
Also, sale of Ireland’s few Bord Gais, ESB assets and Greece’s privatization of gas company DEPA and gas grid operator DESFA are a few M&A, which happened in Europe’s power M&A pipe line during this quarter. From a investor’s point of view, insurers, infrastructure funds and other financial investment companies are expected to bid for European power assets.
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