Scott Curley’s Post

A very interesting piece on #GBEnergy's shortcomings by Mathew Lawrence of Common Ground, published by New Statesman Spotlight 👇 Key recommendations: - GB Energy should be given sufficient borrowing power for large-scale investment - The company requires greater capitalisation than the current £8.3bn - There should be a customer-facing retail supply arm https://lnkd.in/ej9NHfUc 💡 CEP responded to the GB Energy announcements here: https://lnkd.in/eR34yesD 💡 ...and we've discussed what Great British Energy can't do here: https://lnkd.in/ee4v3tEm

National Grid rose on Monday by 0.9% after Deutsche Bank upgraded to ‘buy’ from ‘hold’. The German investment bank noted throughout 2023, and for 20 months in total, it recommended investors position in integrated utilities.  “However, the sharp outperformance of integrated utilities over pure plays, particularly renewable pure plays causes us to reposition,” it said. As a result, it has made six rating changes, downgrading integrateds and upgrading pure plays.  In the UK, National Grid is the beneficiary with the price target lifted from 1,020p to 1,150p. In Europe, Elia and Orsted have been moved from ‘hold’ to ‘buy’. Redeia has been upgraded from ‘sell’ to ‘hold,’ Enel has been lowered from ‘buy’ to ‘hold.’ #LSE #NG More at #Proactive #ProactiveInvestors http://ow.ly/5RUr1058PBS

I believe the energy sector landscape will continue to change in 2024 ,I believe in further M&A due to two reasons in my opinion. The increasing cost of capital for the small players. Low Equity to Debit ratio for some players which makes it hard for companies to navigate through uncertainties and makes it less resilient to a slow economy. I am excited to see how the competitive landscape will change. #oilandgas #mergersandacquisitions #energy #energytransition #sustainablebusiness

Energy, utilities, and resources M&A is shining bright in 2024 after a sluggish deals market last year. PwC's global M&A outlook reveals that the energy transition is a significant driver of this trend. Read more about it here: https://pwc.to/420PxJk #PwCDeals #EnergyTransition #Transformation #DealsOutlook

While dealmaking declined in many other sectors globally, in 2023, EU&R (Energy, Utilities & Resources) remained active with investors attracted to the sector due to its importance to the energy transition. Going forward, investments in renewable power are expected to continue, but the higher cost of capital could create some headwinds. Government regulation continues to have a bearing, whether through policy changes to enhance investment (eg: budgetary support for storage, PLI in India), tax incentives (in the US), government-backed pools of capital (for debt or debt-guarantees), or government intervention in specific projects. With growing capital pools for investment in energy transition, but wariness by large utilities to make major commitments, what does this mean for M&A in 2024? Read our M&A outlook to find out: https://pwc.to/420PxJk #EnergyTransition #PwCDeals

With growing capital pools for investment in energy transition, but wariness by large utilities to make major commitments, what does this mean for M&A in 2024? Read our M&A outlook to find out: https://pwc.to/420PxJk #PwCDeals #EnergyTransition

As Europe reaches 42% renewable energy penetration, the number of hours with negative index prices is rising. This same issue is likely to impact the United States as renewable adoption increases. Understanding this dynamic is crucial when evaluating the risks associated with signing a Virtual Power Purchase Agreement (VPPA).

With growing capital pools for investment in energy transition, but wariness by large utilities to make major commitments, what does this mean for M&A in 2024? Read our M&A outlook to find out: https://pwc.to/420PxJk #PwCDeals #EnergyTransition

How can the demand growth for power in the #US caused by #AI be met by #renewableenergy companies? #Infrastructure fund manager Jim Wright discusses whether #regulatedutilities and #renewablepower developers can follow merchant power stocks and become among the strongest performers in the S&P 500 Index in 2024. For Investment Professionals only. Capital at Risk. Premier Miton Investors #energy #renewableinvestment 

The Inflation Reduction Act (IRA) is positively impacting energy storage projects across the USA by promoting larger and more robust storage solutions through financial incentives. The IRA's investment tax credits are helping offset the rising costs of lithium, enhancing project returns. However, the sector faces challenges like delays due to uncertainties in battery supply chain regulations. For more insights, check out the full article on CleanTechnica! #InflationReductionAct #EnergyStorage #CleanEnergy #SustainableInvestment #RenewableEnergy #GreenTech #USAEnergy #ClimateAction #TaxCredits #BatteryStorage https://lnkd.in/ek26GHxv