The winds of change

An insight into M&A in the renewable energy sector in 2009

This report is an annual review of M&A activity within the renewable energy sector. It was written in co-operation with the Economist Intelligence Unit and is based on a survey of 200 senior executives from across the global energy industry, conducted in February and March 2009.

Contents

• About the research
• Foreword
• Executive summary
• The crunch hits renewables
• Despite the gloom, positive signs are evident
• Stimulating growth: the crucial role of governments in renewables
• What’s in the US Stimulus Bill?
• Different players, different focus
• Renewables M&A will not recover overnight
• The shape of the market in the coming year

May 2009

Provided: KPMG