Renewable energy is becoming an increasingly popular investment opportunity as society continues to shift towards a more sustainable future. With the rising demand for renewable energy, many investment banks and corporate finance shops are moving toward specialising in this area to capitalise on the growing market. In this article, we will discuss some of the leading investment banks and corporate finance shops that are placing a focus on renewable energy.
RES Group
RES Group is a leading renewable energy developer and investor, with offices in the UK, Europe, and North America. They specialise in developing wind, solar, and energy storage projects, with a focus on delivering cost-effective, reliable, and sustainable energy solutions. In 2021, RES Group was acquired by Global Infrastructure Partners (GIP), a leading global infrastructure investor, to expand its renewable energy portfolio.
Recent Deals:
One of RES Group's recent deals is the 60 MW Corriegarth Wind Farm in Scotland, which is expected to generate enough electricity to power approximately 45,000 homes annually. The project was developed in collaboration with BlackRock Real Assets and GE Renewable Energy and involved the installation of 16 GE turbines.
Another recent deal by RES Group is the 50 MW Rattlesnake Wind Farm in Texas, USA, which was acquired by Foresight Energy Infrastructure Partners in 2021. The project features 25 Vestas turbines and is expected to generate enough energy to power approximately 14,000 homes annually.
Goldman Sachs
Goldman Sachs is a leading global investment bank that has been active in the renewable energy sector for many years. They offer a range of services, including project financing, asset management, and M&A advisory, to clients in the renewable energy industry.
Recent Deals
One of Goldman Sachs' recent deals is the acquisition of 50% stake in the 1.3 GW Clyde Wind Farm in Scotland. The project, developed by SSE Renewables, is one of the largest onshore wind farms in Europe and is expected to generate enough energy to power over 700,000 homes annually.
Another recent deal by Goldman Sachs is the acquisition of a portfolio of renewable energy assets from Brookfield Renewable Partners. The portfolio includes 663 MW of wind, solar, and energy storage assets located across the US and Canada.
J.P. Morgan
J.P. Morgan is another leading global investment bank that has been active in the renewable energy sector for many years. They offer a range of services, including project financing, tax equity financing, and M&A advisory, to clients in the renewable energy industry.
Recent Deals
One of J.P. Morgan's recent deals is the financing of the 303 MW Redbed Plains Wind Farm in Kansas, USA. The project, developed by Apex Clean Energy, is expected to generate enough energy to power over 100,000 homes annually.
Another recent deal by J.P. Morgan is the tax equity financing of the 241 MW Western Trail Wind Farm in Texas, USA. The project, developed by EDP Renewables, is expected to generate enough energy to power over 76,000 homes annually.
Conclusion
RES Group, Goldman Sachs, and J.P. Morgan are just a few examples of the leading investment banks and corporate finance shops that are placing a real empathise in renewable energy. With the increasing demand for renewable energy, these firms are likely to continue to play a significant role in financing and developing renewable energy projects around the world. The recent deals mentioned above highlight the diverse range of projects and services offered by these firms and demonstrate their commitment to a sustainable future.
