Ørsted’s recent acquisition of the Brookfield business

Published May 2021

As transaction scale continues to grow and bidding timelines continue to shrink, we’re always looking for ways to work smarter in our transaction due diligence team. The solution can be different for each project and client, depending on their internal needs or the specifics of the project. While we might ‘only’ be the technical cog in the gear, we pride ourselves on thinking like commercial investors and making sure that our input adds real value to the overall team analysis.

We were honoured to be part of the transaction team advising Ørsted on its recent acquisition of the Brookfield business, building upon our decades of experience of working in the UK and Irish markets. Ørsted trusted us to advise their team on the key technical valuation drivers such as production profiles, operational expenditure and asset life, as well as offering wider input on industry development trends. It was a real pleasure for Everoze to support this growing onshore part of the Ørsted business and we were immensely happy to see the inevitable late night transaction calls contribute to this successful outcome.

Benjamin Kennedy, Director of M&A & Development for Ørsted thanked the Everoze team for their commercial assessment of the business and for their critical views on development – highlighting the value Everoze’s commercial input had provided to the wider technical review.

The work was led by Everoze Partners Joanna de Montgros and Simon Bryars with wider input from across the Everoze specialist team