I have spoken to a number of investors in UK solar power generation of the last few weeks and all of them are reassessing their positions following the announcement of further reductions in Feed-in-Tariffs (FIT).
The overwhelming view is that large scale installations are unlikely to be viable at the new tariff levels, even accounting for recent reductions in equipment prices. The vast majority of investors are well below the target size for their portfolios and given the likely lack of new opportunities are considering their next steps.
I envisage a period of consolidation, with some investors deciding to exit and others using that as a buying opportunity.
I am in close contact with a number of investors who are keen to expand their portfolios, so if you are a seller, or have a client who is, please get in contact.