Thermax, a leading energy and environmental service firm in India, is partnering with Reykjavik Geothermal to develop power plants in India. A 3 MW pilot project in Ladakh has been planned. This deal is in alignment with similar deals Thermal has executed on in the recent past, seeking to strengthen its position as a supplier […]
Renewables M&A gets down to earth
KPMG has published an interesting survey of mergers and acquisitions in the renewable energy industry. Major conclusions include: Deal volume has, of course, fallen from nearly $26 billion in 2007 to a little over $18 billion in 2008 … … With the billion-dollar transactions of 2008 being replaced by smaller-sized deals in the $300-500 million […]