High Oil Prices May Trigger Roll-Up In Solar Power Industry
Forbes: High crude oil prices are stoking speculation about the next wave of mergers and acquisitions in the solar energy industry. On Thursday, Standard & Poor’s released the results of a study examining recent trends in global announced M&A activity targeting producers and manufacturers in the solar power space. Based on S&P’s analysis, there appears to be a meaningful relationship between high oil prices and solar M&A activity. Per S&P’s synopsis: From 2004-2008, the annual value of solar M&A activity…
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