Global M&A Review
General consensus in global and major energy markets forecast that energy commodity prices are going to remain depressed still for a while. In this context, M&A activity is expected to get momentum in the next 3 to 5 years as company restructure asset portfolios, seek scale economies, look to diversify the business and act opportunistically.
While the spike in M&A activity has been characterized and supported by large M&A transactions, deal-making is increasing across all company sizes. In particular we see a strong appetite for companies in the industrial services linked to the energy, environment & cleantech sectors.
The signing of the final contracts for the construction of the Hinkley Point C nuclear power station in UK by the French-Chinese consortium EDF Energy- CGN relaunches the construction of new nuclear power plants in the UK and Europe
We see strong tailwinds downstream most of the supply and value chains and in particular in the power supply customer-tailored services, conventional and renewable asset maintenance, energy efficiency in commercial and retail markets and in the WEEE recycling business.