YEAR IN REVIEW: M&A

2022 saw the GCC expansion into US, European renewable energy companies

The GCC’s appetite for Western renewables firms just kept growing: GCC sovereign wealth funds and private sector firms have embarked in 2022 on a “shopping spree” of acquisition and investment in renewables firms outside the MENA region — notably in Europe and the US — especially in the last quarter of the year. The UAE’s…