Is the Utility-Scale Solar Industry in a Finance Bubble?

February 9, 2019

The utility-scale solar market has gotten “frothy” in the last year and a half. A flood of new investors, like pension funds and insurance companies, now view solar as a stable asset. That “wall of money” going after a smaller pool of projects has created a market so competitive that many sponsors are willing to accept lower-than-average returns. Power-purchase agreement prices have also fallen to new lows, and contract terms…


Sir Martin Sorrell beats WPP in the race to buy MediaMonks — but is losing a £20 million payout in the process

July 25, 2018

REUTERS/Eric Gaillard Sir Martin Sorrell quit as CEO of WPP in April amid an internal conduct investigation. He returned to the market six weeks later with S4 Capital, a vehicle for acquisitions. S4 Capital has struck its first deal: a €300 million takeover of Dutch digital agency MediaMonks. WPP was also looking at buying MediaMonks and says Sorrell used proprietary information from his time as CEO. The ad giant claims…