Mergers and acquisitions (M&A) demand from energy and utilities reached the peak since the last seven years, as 59 percent of the executives from energy and utilities at global level expect to make an acquisition in the next 12 months, a growth by 12 percent in demand compared with the former report, according to the bi-annual report EY Power & Utilities Capital Confidence Barometer, business-review.eu reports.
„The acquisition of Allianz Capital Partners of 30 percent of Delgaz Grid shares is an extremely relevant signal that the Romanian energy sector enters on the map of big investments funds in infrastructure. Also, the aquisition of this shares package in a regulated business shows that the trust of some professional investors in the predictability of the regulation framework of energy sector in Romania,” says Alexandru-Valeriu Binig, assistance partner in business, EY Romania.
The results of the study shows that 89 percent of the executives show that the transactions flow is set to grow or remain stable in the next 12 months, showing the the M&A demand will be maintained. The tendency is supported by the transactions value that remained constant in 2017, reaching USD 45.5 billion.