Power and utilities mergers hit all-time high of $97bn

EY says 15 multi-billion-dollar deals accounted for 90% of this figure

Oil & gas deals hit five-year low in 2017

The volume of global oil and gas deals hit a five-year low in 2017. That’s according to a new report from business services firm EY, which found the total value of global transactions fell to $343 billion (£247bn) from $390 billion (£281bn) the year before. Despite a 21% increase in single deals of more than $1 […]

Tariff switching hits new heights in 2017

Switching figures for this year have hit nearly five million, topping 2016’s record heights. That’s according to the latest figures from Energy UK, which suggest this has been partially driven by new companies joining the Energy Switch Guarantee (ESG), which now covers more than 90% of the market. The industry-led initiative sees companies sign up […]

Customers ‘in the dark over energy bills’

  As many as 13 million households are unaware they could be on the UK’s worst value energy deals. That’s the verdict from customer communication specialist Wiraya, which has claimed of the 66% of UK households estimated to be on the worst value tariffs by Ofgem, just 17% are actually aware of it. In a […]

Value of global power deals hits two-year highs

The value of deals across the global power and utilities sector has hit two-year highs as confidence soars. That’s according to a new report from EY, which shows the total figure climbed to $74.3 billion (£56.3bn) in the third quarter (Q3) of this year, driven by the volume of mergers and acquisitions in the Americas […]

Energy supplier switches up 12% in June

Energy supplier switches were up 12% in June compared to the same month the year before. That’s according to the latest data from Energy UK, which shows more than 400,000 customers chose to change provider, bringing the total number of switches so far this year up to more than 2.5 million. The trade association said nearly a quarter of the customers that switched moved […]

Power deals hit by buyer-seller “stand off”

The value of deals in the power and utilities sector has dived in the third quarter of 2012 amid a “stand-off” between buyers and sellers. A quarterly report from Ernst & Young out today shows the value of mergers and acquisitions (M&A) in the sector dropped by 60% globally, down to US$68billion (£43bn) compared to […]

Power deals lull in 2012 was only “temporary”

A lull in deals within the power and utilities sector in the first three months of 2012 was only “temporary”. That’s according to a new report from PricewaterhouseCooper’s (PwC), called ‘European Power & Renewables Deals’, which found “significant deal activity” is taking place in the European sector. Although fewer took place between April and June, […]