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According to a new quarterly analysis by PwC of merger and acquisition activity in the
European power and renewables sector, significant deal activity is taking place in the power
and utilities sector, proving the deal lull in the first three months of 2012 was only
temporary.
A flow of more than $100 million US dollars of transactions boosted total renewables deal
value to 1.6 billion dollars. Heading the transactions was Belgian company Electrawind's
US$538m reverse takeover of European Cleantech. Overseas interest in the European power sector
during Q2 was centred primarily on the OGE sale and one big pipeline talking point will
be the extent of reported Chinese nuclear companies' interest in the sale of Horizon
nuclear power project in the UK by E.ON and RWE.
For the complete article, please go to Big4.com