M&A Quarterly Market Report: Q4' 21 Review – Renewable Energy

The renewable energy industry is undergoing consolidation with large players present in the same ecosystem and other oil and gas giants. The sector recovered from the pandemic and recorded maximum deals in the second half of 2020. Solar and wind energy account for ~75% of transactions in this sector. SPACs are increasingly looking for green companies, which led to growth in SPAC activities in 2021. Global transition to net zero emission, driven by focus on ESG norms, will encourage M&A activities and motivate other investment decisions in the space.