Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Insurance Firms Increasingly Investing in Wind Energy in Europe

 

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

 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
 

Advertisement
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

Comments

You May Also Like

Boats

Taiga Orca is a sporty, 180 HP, 65 MPH electric watercraft from Canada that is set to redefine the PWC market!

Clean Power

Investments in wind and solar will need to reach $13 trillion over 30 years so as to reduce CO2 emissions by 64% in 2050...

Clean Power

The European wind energy industry invested a total of €65 billion ($73 billion) in 2018 including €27 billion on new wind farms which, thanks...

Clean Power

A new report published today by The Climate Group, CDP, and PwC UK reveals that leading states and regions across the globe have committed...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.