KPMG Forecasts Global Renewable Power Industry Growth

NAW Staff
by NAW Staff
on June 07, 2007 No Comments
Categories : Uncategorized

According to recent report issued by KPMG International, the rate of transactions in the global renewable power industry – including wind power – is expected to continue to grow.

The report on mergers and acquisitions in the global power and utilities industry report – which surveyed 40 senior executives from some of the largest global power and utilities companies – reveals that the appetite and expectation for deal flow in industrialized markets remains high, KPMG says.
Along with utility consolidation and deregulation, diversification into renewables was noted as a significant industry trend – and one that KPMG predicts will become increasingly important.

Concerns about energy security and climate change – in addition to incentives from governments to bolster investment in renewable energy sources – are expected to promote growing interest from utilities in wind power and other renewable energy assets, the firm explains.

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