Strategic and well executed alliances can be game changers in business performance. See how we equipped our client with the tools to make the right decisions at the right stage to ensure they gain competitive advantage.
The following case study is representative of Strategy&’s experience in the energy and utilities sector.
Infrastructure and mining
In a post-Fukushima world, many of the enthusiastic plans for new nuclear projects have been canceled or, at a minimum, substantially delayed.
Our client, which primarily serves coal power generators, faced a unique set of market challenges driven by fossil fuel price and regulatory uncertainty.
In the years leading up to the 2008 financial crisis, natural gas prices had been volatile and, on average, high enough to advantage non-gas new plant builds.
In the face of rising coal prices through 2008, many U.S. coal producers grew through the mantra “more is better,” acquiring new sources and mines through bolt-on acquisitions.