Private equity's renewable investments hit a record in 2020

13 Apr 2021


Private equity investments in U.S. renewables hit a record $23.7 billion last year, per a new report on deals from American Investment Council, which is the industry's lobbying and advocacy arm.

Where it stands: "PE invests in renewable energy in two major ways: buying and expanding established power generators and increasing their production over the long term, and financing development costs for new renewable power companies," it states.

  • The report says several things are driving the increase, including renewables' cost competitiveness and investors in PE firms steering more capital into ESG.

Click here to read full article from Axios.