Purchasers & Sellers of Energy Assets
Mergers and acquisitions are becoming more common in the utility industry. Whether driven by the inability of smaller water utilities to afford the ever-increasing cost of water quality requirements, or by the desire of larger electric and gas companies to grow their businesses and to achieve greater economies of scale, the purchase and sale of utility companies and assets has become a more frequent occurrence.
The purchase and sale of energy assets and companies generally requires approval by state, and often federal, regulators. The Energy Group is well versed in the approval process, and is prepared to provide advice and assistance in obtaining necessary regulatory approvals in a timely fashion.