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Why Mergers And Acquisitions Will Define The Distributed Energy Boom

by greentechmedia.com posted 1year ago 287 views
We’re in the middle of a boom in utility mergers and acquisitions. The biggest power companies in the world are scrambling to buy up new startups in order to stay at the forefront of the distributed energy transition -- and they’re spending billions of dollars in the process. Total annual investments in distributed energy companies by European and North American utilities more than tripled between 2010 and 2016, according to data compiled by GTM Research. In total, utilities invested $2.9 billion in 130 individual distributed energy companies since 2009 -- $1 billion of which was invested in 2016 alone.