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Investor climate cools for renewables

But fund managers are betting that post-Paris commitments from European governments will underpin future growth in the sector

Fundraising for renewable energy investments dropped in 2015
Fundraising for renewable energy investments dropped in 2015

Fundraising for renewable energy investments and the number of M&A deals in the sector both dropped sharply in 2015, despite the publicity generated in the run-up to the Paris climate change conference in December.

The number of M&A deals worldwide in the wind, solar and other renewable energy industries fell from 392 in 2014 to just 233 in 2015, according to figures from data analyst Preqin.

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