Clean Power

Published on May 9th, 2012 | by Zachary Shahan

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Insurance Firms Increasingly Investing in Wind Energy in Europe

May 9th, 2012 by  

 

Wind energy is cheap. As such, it’s a good long-term investment for companies with the capital… such as insurance companies. A new analysis from PwC, European Power & Renewables Deals. Quarterly M&A outlook, finds that insurers and other financial bodies are increasingly looking to wind energy in Europe for secure, long-term investment.

“Insurers, infrastructure funds and other financial investment entities are becoming active bidders in sales of European power assets, particularly electricity and gas distribution network companies but, also increasingly, existing or ‘just operational’ windpower projects,” PwC Russia writes. “At a time of low interest rates and market investment uncertainty, such assets offer stable, long-term and predictable returns.”

PwC predicts that solar will start to fill this role and receive these investments to a much larger degree soon as well.

“Looking ahead, solar PV looks set to breakthrough and feature more prominently in renewables deal flow. The sector has been hit by subsidy cuts but, as subsidies are being cut, prices are actually falling more rapidly. This is enabling the sector to remain attractive as a source of predictable long-term returns in jurisdictions where investors can have confidence that any future changes will not be applied retrospectively.”

Images: wind farm from train via JohnSeb; wind turbine with green base via Ethan.K; wind turbines and cows via jjay69


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About the Author

is tryin' to help society help itself (and other species) with the power of the typed word. He spends most of his time here on CleanTechnica as its director and chief editor, but he's also the president of Important Media and the director/founder of EV Obsession, Solar Love, and Bikocity. Zach is recognized globally as a solar energy, electric car, and energy storage expert. Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, & ABB — after years of covering solar and EVs, he simply has a lot of faith in these particular companies and feels like they are good cleantech companies to invest in.



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