Financing Corporate Growth in the Renewable Energy Industry
Christoph Ettenhuber
- 127 pagine
- English
- PDF
- Disponibile su iOS e Android
Financing Corporate Growth in the Renewable Energy Industry
Christoph Ettenhuber
Informazioni sul libro
Financing constraints have been central to the political and economic debate about renewable energy development. This book addresses four related corporate finance questions. The first chapter reviews theoretical considerations and empirical evidence on so-called funding gaps. Chapters two and three analyze the genuine structures of equity and convertible debt offerings in the industry. The final part investigates to what extent business combinations are perceived as a valuable means to company growth. The analysis contains a variety of empirical findings that are novel to existing emerging industry and corporate finance research. It shows that many investors perceive the level of asymmetric information and regulatory risk, as well as the industry's structure, to be detrimental to renewable energy finance.