Energy Market
Global energy market valued at $151.4B by 2030, growing at 8.4% CAGR. Demand for sustainable energy increasing due to climate change concerns.
Public Company Valuations
CFA Select Fossil Index down 6.2% in Q1 2023, CFA Select Renewables Index up 4.1%. Oil & Gas Midstream had highest median revenue & EBITDA multiple.
Mergers and Acquisitions
M&A activity in energy sector declined in 2022 due to challenges. Companies divesting or spinning off carbon-intensive assets in 2022. In 2023, energy sector expected to prioritize small and mid-sized deals over larger ones.
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