Acquisition of an electric power utility company

Europe-headquartered bulge bracket investment bank with strong expertise in the power sector

Our client was part of a consortium of banks which were advising one of the largest power companies in the world on the acquisition of a power company in Germany
The acquisition was part of the acquirer’s plan to strengthen its presence in the renewable energy space and shift away from non-renewable sources

The project involved a study of topics including key economic trends in Germany, comparison with other regional countries and location of major power assets
Conducted an extensive industry review covering the demand & supply scenario, industry structure, regulatory environment and future prospects
Identified precedent M&A transactions and prepared case studies covering the transaction features, offer price to share price comparison, etc.
Provided shareholder analysis in terms of average in-price and determined possible offer price range