Strategic Windpower M&A Wide Open
April 21, 2009
EDF wind arm sees M&A bonanza in crisis | www.reuters.com
The financial crisis has indeed dampened windpower project finance for the short-term. Such a situation precipitates strategic opportunities for well-placed players. This public statement by one of the largest global developers is evidence that the sector may open up with a bang in the near-term.
Perhaps the Author Needs to Research Before Commenting
February 29, 2008
Loss of wind causes Texas power grid emergency | www.reuters.com
The main component of the Texas problem was the inability of conventional generation to deliver when the wind fell off. Predictions of future windpower are becoming highly reliable, even up to 30 hours. The Texas drop off was as predicted, but backup plants failed. Further, the entire US grid has reliability problems completely unrelated to windpower.
EDP’s acquisition of Horizon heats up wind energy’s M&A arena
April 2, 2007
Portugal's EDP to buy U.S. Horizon Wind Energy | today.reuters.com
With the global trend towards renewable energy, mergers and acquisitions have been significant in the wind turbine manufacturer arena, with the recent example the bidding war between AREVA and Suzlon Energy for REpower. But the M&A arena in wind energy is now extending beyond turbine manufacturers to project developers, as Energias de Portugal’s (EDP) acquisition of Horizon Energy demonstrates.
Siemens Offshore Wind Farm Projects a Sign of Things to Come
March 28, 2007
Siemens wins wind power deal | www.fin24.co.za
Siemens recent commitment to build two offshore wind parks in
Big Oil investments into wind energy point to maturity of industry
March 28, 2007
Two oil giants plunge into the wind business | www.boston.com
Oil companies BP and Shell both recently announced investments in the wind energy sector. The investments are more than a public relations ploy and show that the wind industry has come of age and is now perceived by the traditional energy sector as a viable investment opportunity. One interesting observation on BP and Shell’s wind energy investment is that they have taken different strategies, with Shell moving toward the offshore and European markets and BP focusing on the onshore market in the
Demand for Wind Energy Soaring as AREVA Counters for REpower
March 28, 2007
Areva counters Suzlon in bid for REpower | www.upi.com
AREVA’s counter bid against India-based Suzlon Energy, Ltd., for wind turbine maker REpower, may set off a bidding war that will echo beyond the acquisition of the small German company. Regardless of whether Suzlon counters, the rising price of the turbine manufacturer is a sign of wind energy’s rising demand and share of the energy market.
February 26, 2007
Suzlon Counters Areva With EU1.02 Billion Repower Bid | www.bloomberg.com
The surprise $1.3 billion bid by Suzlon for Germany’s REpower could mean similar acquisition bids for small wind turbine manufacturers. The seemingly overpriced bid, which topped French nuclear power group Areva’s bid by 20 percent, could be a sign of things to come as major players strive to expand into and consolidate the wind turbine market.
Famed Bird Protection Group Endorses Windpower
December 15, 2006
Audubon Society Supports Windpower | www.renewableenergyaccess.com
The exceptionally strong endorsement for windpower by the conservative Audubon Society removes an important though specious argument against windpower. The industry has been fighting false perceptions about the avian mortality issue for more than two decades. With this support, the issue can now be laid to rest.
Analysts Misrepresent Renewables
December 14, 2006
The Myth Of Alternative Energy | www.countercurrents.org
The latest two analyses on windpower and renewables are factually wide of the mark, and should be discounted. Major discrepancies between the "facts" quoted in these two analyses and reality on the ground show that the opposition to renewables is not based upon science, nor on true economics.
Windpower Tax Credit Extension
December 14, 2006
Key Tax Bill for Renewables Passed By Congress | www.renewableenergyaccess.com
The fatal period of boom and bust cycles for the renewable industries appear to be over with the extension of renewable credits. There is now a stable base of project finance available until at least the end of 2008.
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012