Head of Corporate Development, Frank Maniere, at Mergermarket Australia’s M&A forum
Our Head of Corporate Development, Frank Maniere, contributed recently to a panel discussion at Mergermarket Australia’s M&A forum.
Acquisition opportunities in the energy transition and decarbonisation space have been seen as a bright spot in the Australian M&A market, as energy and natural resources companies divest their carbon-emitting portfolios and make investments to meet their net zero targets. As a sector less driven by valuations and financing markets, there are endless opportunities for investment in this new, exciting space.
The panel discussion saw experts discuss how firms are redirecting portfolios towards energy and decarbonisation processes, and which sub-sectors of this industry, such as renewables, hydrogen, and battery storage, have seen the most activity in this space. In addition, they discussed whether increased competition in this sector is likely to be observed, and how Environmental, Social, and Governance (ESG) concerns will continue to drive investment strategies in 2023 and beyond.
Highlighting the significant investment opportunities involved in the energy transition, Frank said ““There is a very large investment opportunity to get involved in the energy transition and decarbonisation. To enable the transition to a net zero world, renewable energy, electrification of usage and grid investments will constitute cornerstone investment. According to the International Energy Agency estimates, c.USD600 billion in grid investments and c.1.3USD trillion in renewable energy and other generation assets per annum is required to 2030 to set the world on a path to net zero. There has never been a better time for companies and investors to look at M&A and investment opportunities in the power sector and get involved.”
We’re pleased that Frank was able to share his expertise at the Forum, and to represent Endeavour amongst a community of thought-leaders in the energy transition space.
Published on Mar 29th 2023