POWER UTILITIES


09/11/17 -"The sector has regained investors' interest as the rebound in power prices, driven by higher coal prices, and ETS reform expectations for higher CO2 prices have also created a rebound in profits. The end of the backwardation curve is starting to be confirmed as forward electricity prices for 2019 and 2020 are above 2018's levels. Multiple transformation strategies are running ahead of expectations and M&A activity is starting to pick up once again. We still see some investment opportunities in this rapidly evolving market."

Pages
38
Language
English
Published on
09/11/17

EXECUTIVE SUMMARY

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