7 November 2019
Culture is critical in New Energy dealmaking
In the New Energy environment, culture may sometimes trump traditional calculations in determining deal success
With the prospect of a low-carbon world fast approaching, the global trend towards cleaner sources of energy underpinned by digital transformation technologies is giving rise to a new sector known as New Energy. Energy businesses are moving to adapt to these trends, and this transition has generated a number of investment opportunities. M&A represents the quickest way to secure the necessary technologies, know-how and competencies to thrive in this new space. Take oil and gas, where an increasing number of major players are now branching out in their New Energy acquisitions, going far beyond their core hydrocarbon businesses of oil and gas. And deal making in the new energy space it is
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