Financial Deals Industry Insight: Energy and Utilities August 2008 (analysis and opinion on monthly deal activity along with the trend for the last six months for merger and acquisition (M&A), private equity, private placement, initial public offering (IP

Financial Deals Industry Insight: Energy and Utilities August 2008 (analysis and opinion on monthly deal activity along with the trend for the last six months for merger and acquisition (M&A), private equity, private placement, initial public offering (IP

Synopsis

Analysis and opinion on monthly deal activity, along with the trend for the last six months for merger and acquisition (M&A), private equity, private placement, IPO, secondary offering, and alliance/partnership deals.

Introduction
This report contains extensive qualitative and quantitative analysis of monthly deal activity (including strategic alliances) in upstream, midstream, downstream, power generation, utilities network, utilities retail, and wholesale energy sectors across global markets, with a specific focus on key emerging markets. It offers a unique insight into deal activity, deal rationale, and valuation trends.

Scope

*Analysis through two deliverables analyst opinion on key deals (PDF brief), and monthly roundup with analysis of trends and drivers (PowerPoint)
*Insights into deal activity across M&A, private equity, private placement, IPO, secondary offering, and strategic alliance deals
*Analysis on all key sectors, namely upstream, midstream, downstream, power generation, utilities network, utilities retail, and wholesale energy
*Detailed analysis of the deal activity during the month, along with the trend for the last six months by deal volume and value

Highlights

• The energy and utilities sector recorded 145 M&A deals worth $17.4 billion in August, a decrease of 16.3% and 47.4% in volume and value terms, respectively, compared with the six month (Feb 2008-Jul 2008) average.
• M&A activity in the upstream segment was aimed at increasing scale of operations; the segment recorded private equity investments in alternative oil resource exploration and oil field service companies. Activity in the downstream sector was driven by the fuel retailing and distribution segments, and exits by integrated oil companies in the US.
• Valuations in the energy and utilities sector may be adversely affected in the medium term due to the weak economic growth outlook and liquidity crunch in the financial markets.

Reasons to Purchase

Understand which energy sectors are experiencing the most activity, and which type of investor, and advisor are playing the significant roles
Find out how key deals are changing the competitive landscape of your business in various parts of the energy and utilities value chain
Understand how companies in the energy and utilities industry are raising funds through capital markets, private equity, and private placement deals

Table of Contents

1. Introduction
a. About Financial Deals
b. About this report

2. Mergers and acquisitions (including private equity deals)
a. Monthly roundup
i. Upstream
ii. Midstream
iii. Downstream
iv. Power generation
v. Utilities network
vi. Utilities retail
vii. Wholesale energy
b. Volume and value analysis: Energy
c. Volume and value analysis: Utilities
d. Volume analysis by geography
i. Global regions (North America, Europe, Asia Pacific, and Rest of World)
ii. Emerging markets (BRIC, Middle East, Eastern Europe, Latin America, and Africa)
e. Value analysis by geography
iii. Global regions (North America, Europe, Asia Pacific, and Rest of World)
iv. Emerging markets (BRIC, Middle East, Eastern Europe, Latin America, and Africa)
f. Trend analysis by deal size
i. Advisory ranking M&A (trailing six months) – financial and legal
g. Private equity firm ranking

3. Public offering
a. Monthly roundup
b. Volume and value analysis: Energy
c. Volume and value analysis: Utilities
d. Volume and value analysis by geography
e. Trend analysis by deal size

4. Private placement
a. Monthly roundup
b. Volume and value analysis: Energy
c. Volume and value analysis: Utilities
d. Volume and value analysis by geography
e. Trend analysis by deal size

5. Alliance / Partnership deals monthly roundup

6. Valuation trend: comparison across key sectors

7. Advisory ranking for all deals (trailing six months) – financial and legal

8. Appendix
a. Definition
b. Disclaimer