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PowerMandA
CFE Home > Energy > PowerMandA > PowerMandA

Recorded: August 17, 2011

90 minutes

Agenda | Panelists | Who should attend | Get log-in

Overview

Energy industry deal-making started off with a bang this year with several announced transactions. Although the U.S. utility industry has been viewed as ripe for consolidation for quite some time, it is beginning, once again, to gain the momentum that was building in 2008 – before the economic recession put a damper on the markets.

The pressure is mounting on electric utilities to meet demand with cleaner fuels, while still living up to shareholders' growth expectations. According to SNL Financial data, 32 deals involving whole companies, assets and power plants valued at about $36.5 billion are currently in the works.

Join our panel of experts as they discuss how companies are weighing the buy-versus-build decisions from both a financial and strategic position, and the factors that are impacting asset valuations.


Agenda

Overview of U.S. M&A activity
     – Activity over the last 12 months
     – Factors driving deals
     – State and Federal hurdles
Strategic Valuations
     – How transmission markets affect deals
     – How carbon emissions play a role in the decision-making process
     – The regulatory consequences of acquisitions
Financial Valuations
     – How capital and credit markets are supporting/reacting to deals
     – Mistakes to avoid when structuring a deal
     – Best practices to follow for transactions

 


Learning Objectives

Understand what's driving M&A deals in the power sector
Assess strategic advantages and disadvantages of potential acquisitions
Avoid common M&A pitfalls and learn best practices when evaluating deals

 


Panelists

Gary D. Benz – Executive Director, Business Development, FirstEnergy

William S. Lamb – Partner, Dewey & LeBoeuf LLP

Jonathan P. Dickman-Wilkes – Senior Vice President, JPMorgan Chase & Co.

Jennifer Zajac (moderator) – Senior Program Manager, SNL Center for Financial Education (SNL CFE)


Who will benefit

Financial, legal, regulatory, procurement and strategy leaders in electric utilities

Professionals in corporate finance/treasury/financial analysis, and those in corporate strategy/planning/development

Investment analysts, portfolio managers and investors

Attorneys and consultants working in the sector


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Webinar – The Climate for Power and Gas M&A

Recorded: August 17, 2011

90 minutes

Free for SNL Unlimited subscribers
$199 - All others

Registration grants you unlimited access to the archived version and to the hard copy print outs of the associated Power Point slides.

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