Photographer: Alessia Pierdomenico/Bloomberg

Private Equity Smells Money in Europe's Renewables Subsidy Cuts

  • Firms see opportunities in distressed clean-power projects
  • Five EU countries have scrapped subsidies, 12 have reduced

A handful of private equity firms are buying up troubled clean-energy assets, restructuring debts and whole projects in an effort to gain rich rewards from some of the industry’s riskier investments.

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