We provided financial advisory services pertaining to the acquisition of a major energy infrastructure company, including natural gas distribution and pipelines. This effort included detailed due diligence to develop twenty-year financial projections for all regulated operating subsidiaries of the client’s identified target, including key revenue drivers impacting the valuation.
Specifically, we provided the following support: reviewed pertinent background on structure and scope of proposed transaction; examined initial financial model for the transaction; critically reviewed the supply/demand analysis, capital expenditure, and O&M cost; determined appropriate regulatory and market inputs to the acquisition financial model, the investment upside, and downside financial cases; and provided a detailed report to the client summarizing our findings.
