Transition Investors Pile Into Buyers’ Market for Wind and Solar ...Middle East

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Transition Investors Pile Into Buyers’ Market for Wind and Solar
source : OILPRICE ( Middle East ) () 55
Investors in energy transition businesses are enjoying a shift in market sentiment that has led to valuation slumps turning a lot of wind, solar, battery storage, and other companies from the area into great bargains. Bloomberg reports that the recent crash in wind, solar, battery, and other transition-related stocks has whetted buyers’ appetite on the grounds that the fundamentals of these businesses remain sound. “We think the fundamentals of renewable power are as strong as they’ve ever been,” Ignacio Paz-Ares, the deputy…

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