New practice reflects KPMG’s commitment to being at the heart of the energy transition
KPMG UK has launched a new specialist Energy Lead Advisory practice dedicated to supporting clients through the energy transition by combining strategic expertise, sector insight and market leading deal origination and execution.
Energy Lead Advisory provides clients with access to a unique combination of skills and experience across strategic options, value creation, industry and market advice and a proven track record of delivering market defining deals.
The new team now brings together more than 30 energy sector specialists in the UK, including newly promoted Partner Gavin Quantock to lead alongside KPMG’s new Global Lead for Energy & Natural Resources Deal Advisory, Adrian Scholtz. The team is growing rapidly with plans already underway to double headcount to 60 specialists within the next year.
The announcement follows a year of significant success and growth across the full range of KPMG UK’s Energy Deal Advisory services reflected in promotions across all capabilities and Partner promotion for Bridget Beals in KPMG’s Climate Risk & Decarbonisation service and Lyuda Sokolova, leading our support to Energy Valuations & Value Creation.
Gavin Quantock, Partner, KPMG UK’s Energy Lead Advisory team, said:
“The Energy Lead Advisory team will invest in supporting businesses and talented entrepreneurs to become the influential market participants of tomorrow. Likewise, the team will keep building on its successes on the global stage, working with a network of talent across KPMG member firms in key regions, most notably in the emerging energy markets.”
Global Lead for Energy & Natural Resources Deal Advisory, Adrian Scholtz, added:
“KPMG’s team of industry-leading specialists has worked tirelessly in recent months to build a market-leading energy sector franchise. The COVID-19 pandemic and the countdown to COP26 have brought the issues facing the industry into sharp focus and we’re now in an incredibly strong position to support some of the world’s most dynamic businesses in their ambitions to de-carbonise and embrace the new ‘net-zero’ economy.”
KPMG Energy Deal Advisory now comprises a growing team of over 150 specialist professionals providing deal related services including Energy Lead Advisory, Regulation, Financing & Debt Advisory, Integration & Separation, Transaction Services, Valuations and Climate Risk.
Simon Virley CB, Partner and Head of Energy and Natural Resources at KPMG UK, said:
“The focus of our clients on the opportunities and challenges of the energy transition continues to grow. Indeed, it has accelerated during the COVID crisis and will now receive a further boost as a result of the US Presidential election result and the forthcoming COP26. I am proud of the work we already do at KPMG to help clients seize the opportunities presented by investing in new markets and new technologies. Our aim is to be the most trusted advisor on the energy transition and the investment we are making in our Energy Lead Advisory and wider Energy Deal Advisory business will help us achieve that goal.”
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About KPMG in the UK
KPMG LLP, a UK limited liability partnership, operates from 21 offices across the UK with approximately 17,600 partners and staff. The UK firm recorded a revenue of £2.40 billion in the year ended 30 September 2019.
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