Deal volume for early-stage assets surged by 155% y/y in 2022, driven by the $21bn InvestEU-EIB budgetary guarantee, which improves the project financing environment in the continent. Additionally, a recent EU regulation has simplified the permitting process for wind projects, limiting the approval period to two years for new assets and one year for repowered farms. Sweden, Germany, Finland, and the UK led the surge in deal activity, accounting for ~54% of volume in 2022. PE firms and PE-backed companies emerged as the most prominent buyer groups.
The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.
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