There are still a number of barriers to entry for clean energy technologies while oil and gas is offering up work, creating a Catch-22 situation for supply chain firms seeking investment.
Energy transactions helped to drive a record year of deals for Johnston Carmichael’s corporate finance team. M&A activity in the sector accounted for about a third of the team’s £600m-plus of deals in the financial year ending 31 May 2023.
A good place to start is back in early summer, when everything in the garden looked rosy. Simmons, as a global firm, had just completed its best year ever (our fiscal year ends in June), with both the corporate finance and securities businesses recording record revenues.