CRA’s Energy Practice advises investors, lenders, and asset owners on acquisitions, divestitures, and financings across the energy sector. Our transaction diligence combines market analysis, economic and financial modeling, regulatory expertise, and engineering assessments to evaluate the drivers of value, the risks to future cash flows, and the opportunities available to a new owner.
We assess how an asset or business earns its returns and what could change its performance. Our work tests demand and price forecasts, competitive position, contract terms, operating costs, capital requirements, and regulatory assumptions. We examine how these factors interact under alternative scenarios, helping clients distinguish risks that can be priced or managed from those that could undermine the investment thesis.
Our analysis supports decisions on valuation, transaction structure, financing, and post-acquisition priorities. For sellers, we develop a substantiated view of the business and its prospects, identify issues likely to arise in buyer diligence, and prepare analysis that can withstand scrutiny.
We bring together specialists in power markets, natural gas, regulated utilities, generation, renewables, storage, transmission, and digital infrastructure. Teams are organized around the investment’s specific questions and transaction timetable, with senior practitioners directly involved in the analysis and advice.
Our services include:
- Buy-side, sell-side, and lender due diligence
- Investment thesis and business plan assessment
- Market fundamentals and competitive positioning
- Demand, load, commodity price, and power price forecasting
- Revenue, operating cost, and capital expenditure assessment
- Contract, offtake, and revenue-stream analysis
- Regulatory, policy, and market design assessment
- Technical, operational, and infrastructure assessments
- Asset and business valuation
- Financial modeling, sensitivities, and scenario analysis
- Development pipeline and project execution risk assessment
- Value creation opportunities and post-acquisition priorities
Please contact energypractice@crai.com for more information.