2013 – Consolidation Among Electric and Gas Companies Continues at a Measured Pace

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This paper surveys some of the major developments in energy merger and acquisition transactions during 2013 as well as some of the key regulatory developments that either affected or are likely to affect activity going forward.

Overall, deal volumes were higher in 2013 than 2012, although still considerably below 2011 and 2010 levels. Data from SNL Financial shows total announced transaction value of about $58 billion compared to $41 billion in 2012, $135 billion in 2011 and $105 billion in 2010. Anecdotally, the general economic, political and regulatory uncertainties facing energy companies in the United States seemed to dampen activity, although to a lesser extent than in 2012.

Please see full Update below for more information.

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Topics:  Mergers, Utilities Sector

Published In: General Business Updates, Energy & Utilities Updates, Mergers & Acquisitions Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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