Renewable Energy M&A Activity 'strong at Start of 2011' – Spread Betting News

London, England -- (SBWire) --05/16/2011 --Renewable energy stocks could become more attractive to investors should the comments of one organisation be taken on board, say spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/).

KPMG's annual survey of renewable energy mergers and acquisitions (M&A) showed that three-quarters of investors polled said they would have placed more cash into the UK if regulation and legislation had been clearer over the past three years.

Indeed, the country's green sector could become a global leading market due to a combination of the City's financial centre clout and large volumes of tidal, wind and wave resources, KPMG's UK energy partner Andy Cox asserted.

"The renewable M&A market has had a busy start to 2011, with a substantial jump in global activity which looks set to continue," he stated, adding that more needs to be done to attract investors to the UK.

Last year there were 446 M&A renewable energy deals, an increase of 70 per cent compared to 2009.

Further weight could be given to renewable energy stocks after a new study from PricewaterhouseCoopers found that almost two-thirds of financial institutions in Europe believe that investment risk for offshore wind power projects has declined over the past 24 months.

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