B. Riley Financial’s Post

Mature European PPA market – Where do we go from here?     Gurpreet Gujral will be joining panel four on day one of the Renewable Energy Investment & Asset Management Conference in Athens to discuss various PPA topics such as current European trends as well as the different types, lengths and roles of PPA’s. The Voice of Renewables #REIA2023

Another day, another presentation. This time on issues affecting the Renewables and Energy sectors. Whether new developments, refinancing or repowering, these projects can be plagued with title issues. If you are working in this sector and find yourself staring at a (or many) title issues, let the experienced Celtic team at DUAL Asset assist with bespoke, commercial insurance solutions. 🍃 🌬 🌊 🌲 🤝 Sarah Gateaud-Manase #renewables #windenergy #batterystorage #BESS #titleinsurance #DUALAsset #anaerobicdigestion #hydropower

EnCap Investments Seals a Breezy Deal: Triple Oak Power Goes to ECP for Up to $750mn EnCap Energy Transition has successfully sold its 8 GW onshore wind platform, Triple Oak Power, to Energy Capital Partners (ECP). The deal is believed to generate sale proceeds between $500mn and $750mn, according to reports. 📈 ECP's Wind Power Play - ECP's acquisition of Triple Oak Power’s portfolio, primarily in western and Midwest markets, stands out in the current landscape, where high-quality wind development companies are scarce outside the ERCOT market in the US. 🌱 Three-Year Growth Story: EnCap's journey with Triple Oak began in Oct’20 through a majority equity investment, fuelling the latter’s strategy of focusing on bridging the gap from the early stage uncertainties in development to delivering shovel-ready, utility-scale wind facilities. 🔄 Continued Divestment Trend: This sale represents EnCap's third major renewable platform divestment, following the sale of Jupiter Power to BlackRock and a $1.6bn deal with ENGIE to sell Broad Reach Power. 📊 EnCap's Strategic Approach: EnCap continues to execute its strategy of developing high-potential platforms and divesting them for maximized returns. As Shawn Cumberland, its managing partner, stated, "We create companies that are capital hogs, and then somebody big has to buy them and keep it going. That's the next part of this evolution. #RenewableEnergy #EnergyInvestment #WindPower #SustainableDevelopment #StrategicInvestment #MergersAndAcquisitions #CleanEnergy #EnCap #EnergyTransition #BusinessStrategy #TripleOakPower

Last year’s high interest rates, which led to increased borrowing costs, steered the renewables industry towards smaller projects, with shorter timeframes and reduced construction costs. The result was insurers had less need to reinsure. As interest rates begin to fall, we may start seeing a return of larger renewable mega-projects which have greater Estimated Maximum Losses, increasing the need for carriers to pass on a portion of this risk through reinsurance. Learn more on the predicted outlook for Renewables: https://bit.ly/3HZxJF8 #reinsurance #renewables

Hi - here is our fourth in the series of articles on renewables and reinsurance.

The Downing Estate Planning Service (DEPS) has acquired a portfolio of 20 wind turbines in northeastern Sweden, boosting the portfolio’s exposure to wind energy to c.11%. This strategic move marks its first venture into the Swedish market, further diversifying the portfolio by geography. This acquisition is part of an overall strategy to diversify the renewable energy portfolio by technology, geography and revenue stream - with the aim of providing stable returns to investors seeking IHT relief. Find out more about DEPS here: https://lnkd.in/ghwnc2Kf Capital at risk, returns not guaranteed. Read about the acquisition here: https://lnkd.in/gcxXJ7_8 #RenewableEnergy #Investment #Renewables

#newsmakeroftheday bp slows renewables roll-out to win over investors CEO Murray Auchincloss wants to slow down investments in big budget, low-carbon projects, that are not expected to generate cash for years. #internationalfinance #bp #renewables #investors #lowcarbonprojects #ceomurrayauchincloss

Corporate M&A, large-scale asset deals for PV, Wind, and BESS projects are on the rise in the US, as buyers capitalize on economies of scale 📈 The landscape of M&A in the renewable energy sector is evolving rapidly, and Enerdatics is at the forefront of analyzing these shifts. Here are some key insights: 📊 Rising Corporate Deals: Since 2021, there's been a consistent uptick in corporate deals, including platform takeovers and equity investments. Companies like Invenergy and energyRe are attracting investments from giants such as Blackstone and Repsol. 💨🌞 Large-scale Asset Deals: The volume of deals involving projects over 300 MW remains steady, with players like NextEra and ENGIE expanding their pipelines through strategic acquisitions. 🌱 Small-scale Asset Focus: Despite a reduction in the number of small-scale deals since 2019, firms like Nautilus Solar Energy, LLC, and Standard Solar continue to focus on acquiring C&I and community solar projects in key states. #RenewableEnergy #MergersAndAcquisitions #SolarEnergy #WindPower #BESS #Invenergy #energyRe #ConnectGen #Blackstone #Repsol #ABCarVal #ENGIE #OsakaGas #NautilusSolar #StandardSolar

The Deepbridge Estate Planning Service solely invests in trading companies that operate in renewable energy assets, which generate and export electricity and derive revenues from investment-grade counterparties, namely the UK Government, by way of subsidies where available, and the energy supply companies. Read more: https://ow.ly/oStZ50ONRsG Don’t invest unless you’re prepared to lose all your money. These are high-risk investments and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more: https://ow.ly/HSzX50OWNAf #EPS #IHT #Deepbridge #Renewables

In case you missed our insights this week, Enerdatics presents a weekly recap of our Analysis -- Similar Deals, different Valuation: Grenergy’s 300 MW solar portfolio sale to Allianz for $286mn compared to a similar under-construction asset deal 4 months ago. https://lnkd.in/ggxAzEQF -- US Offshore Wind: Off-take Type and Lifecycle's Impact on Valuation https://lnkd.in/gcXUbSZf -- $3bn and Counting: Enel's Impressive Asset Divestiture Journey in 2023 https://lnkd.in/gDEhiagx -- Masdar's Strategic Move: Acquires a 49% stake in Iberdrola's East Anglia 3 offshore wind farm https://lnkd.in/gr3i9a3R #EnergySector #RenewableEnergy #SolarPower #WindEnergy #AssetDivestiture #MarketInsights #EnergyIndustry #BusinessStrategy #SustainableInvesting #CleanEnergy #CorporateFinance #InvestmentOpportunities #EnergyTransition