The hourglass may be fast diminishing for the US wind and solar tax credits, and energy-policy uncertainty the order of the day, but there’s rarely been a better time to own North American renewables projects.

Mergers and acquisitions are rampant, with project portfolios and entire development companies snapped up left and right by an increasingly diverse range of buyers.

This month alone has seen Denmark’s Orsted acquire Chicago-based Lincoln Clean Energy, a leading US wind developer, while Swiss asset-manager Capital Dynamics just polished off a new $1.2bn