Ewa Należyta’s Post

Learn more of how EY supported this transaction in the energy sector.

Learn more of how EY supported this transaction in the energy sector.

Energy transition remains a strategic priority for investors and CEOs who will use transactions to accelerate their transformation journey. Read more in our 2024 M&A outlook:

As 2024 progresses, it is essential for lenders to closely monitor changes in fossil fuel usage and the gradual acceptance of electric vehicles (EVs). These elements have major repercussions for financial planning, underscoring the importance of thorough market research and agile responses to new trends. Discover more in the latest Hilco Global Smarter Perspective: https://lnkd.in/gG7VkDgS #FossilFuel #Energy #GreenEnergy #HilcoGlobal #EV

Throughout 2024, lenders must stay alert to the dynamics of fossil fuel consumption and the measured increase in electric vehicle (EV) adoption. These shifts are crucial for shaping financial strategies, highlighting the necessity for comprehensive market analysis and the ability to adapt quickly to evolving trends. Learn more in the recent Hilco Global Smarter Perspective: https://lnkd.in/gFXAU5WB #FossilFuel #Energy #GreenEnergy #HilcoGlobal #EV

Learn more on how EY supported Andel in their Joint Venture with Better Energy.

BP Reports Strong 2Q24 Results with $2.8 Billion Underlying Profit and Significant Shareholder Returns BP has announced a robust financial performance for the second quarter of 2024, highlighting an underlying replacement cost (RC) profit of $2.8 billion. This marks a slight increase from $2.7 billion in the previous quarter and underscores BP’s strong operational cash flow of $8.1 billion and reduced net debt, now at $22.6 billion. Key Highlights: CEO Statement: Murray Auchincloss, BP’s Chief Executive Officer, stated, “Our businesses continue to operate safely and efficiently. The approval of the Kaskida development and the strategic shift in our bioenergy business illustrate our commitment to delivering as a simpler, more focused, and higher-value company. This […] - https://lnkd.in/d7qeeevg #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #bp #europe #financialresults #london #unitedkingdom

#BP's 2Q24 results highlighted the company's balancing act between advancing its transition plan and providing short-term shareholder returns. 🥇 We see BP as a leader in the transition to low-carbon energy due to its ambition and progress so far in building low-carbon offerings. 🚨However, recent developments in 2Q raise concerns about this momentum. A big ramp up is needed in Transition Growth Engines to meet FY25 capex and EBITDA targets. See the full results here: https://lnkd.in/gd2st_zM #climatefinance #esginvesting #accelaresearch #oilandgas #sustainablefinance #sustainability #climatetransition

American Clean Power Association (ACP)'s annual market report reveals that since the passage of the Inflation Reduction Act (IRA), there has been $421B of capital investment announcements for clean energy projects, manufacturing facilities, and supply chain. Learn more about how to leverage the incentives in the IRA to help support your organization's clean energy goals at: https://hubs.ly/Q02qpJTd0 #IRA #cleanenergy #cleanenergytransition

BP's FY23 annual report and transition plan were released today. >> Transition strategy and targets look unchanged. CEO Murray Auchincloss is keeping to his word, continuing BP's strategy and focusing on the consolidation of low carbon. >> BP is planning capex of $7-9bn in transition growth engines by FY30, reaching 50% of total capex. Subscribe to Accela Research newsletter to see how BP's progress on transition compares to peers. https://lnkd.in/gNDxiCyq #climatefinance #esginvesting #accelaresearch #oilandgas #sustainablefinance #sustainability #climatetransition