Mergers and acquisitions in the energy sector are common. These range from a strategic merger such as BP and JERA’s offshore wind businesses, as well as targeted acquisitions to build capability as in the cases of Seajacks to Marubeni or Electroroute to Mitsubishi. Or, as increasingly seen in the market, it might be corporate acquisitions targeting the clean energy portfolio as illustrated by NTT’s majority acquisition of Green Power Investment.
In fact, many companies in the energy space begin with the end in mind. Development platforms sponsored by private equity funds typically have a limited investment time horizon in which they will maximize portfolio value with a view to exit at a certain time.
As an employee, how can you act and react to such changes? What opportunities exist in a change of ownership situation, and what threats should you be aware of and prepared to navigate?