Anatomy of Renewables Energy M&A - Navigating Legal Complexity in a Shifting Market

Introduction

M&A follows a standard blueprint globally, whether it is structured as an auction or a bilateral process. From a seller’s perspective the aims are price and transaction certainty, from a buyer’s perspective it is about understanding and mitigating risk. Still, buyers often overpay, business plans fall short, synergies fail to materialise and skeletons remain in the closet.

An Energy project is often a single asset transaction where any of the above could prove fatal. For this reason, a more targeted and detailed approach is required to ensure success. This virtual classroom seminar will focus on practical steps that M&A teams can take to understand and manage risk and to get to a successful closing.

What You Will Learn

This live and interactive session will discuss the following:

• The anatomy of an Energy project, including the main project participants and their roles
• The key differences between a general M&A process and an Energy M&A transaction
• The approach to due diligence in Energy M&A deals
• How indemnities and warranties operate in Energy M&A transactions and how they differ from standard deals
• Pricing methodology in Energy transactions and how value is assessed
• The impact of project financing on Energy M&A transactions
• The role of warranty and indemnity insurance in Energy deals
• The impact of transactions on shareholders’ agreements, licences and major project contracts

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.