European Power & Renewable Deals

Quarterly M&A outlook

The European power and utilities sector is proving a modest source of deal momentum despite the overall downturn in mergers and acquisitions (M&A) activity in the wider global economy. There are plenty of headline reasons to be pessimistic about the European power sector deal outlook – eurozone worries, macro-economic uncertainty and stretched company balance sheets among them – but the reality is that there are also a number of specific factors that are providing significant underlying deal momentum.