KPMG has launched a new Energy Lead Advisory practice which aims to support clients through the energy transition by combining “strategic expertise, sector insight and market leading deal origination and execution”.
According to the firm, the practice will provide clients with access to a “unique combination of skills” and experience across strategic options, value creation, industry and market advice.
The new team 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 and natural resources deal advisory, Adrian Scholtz.
Simon Virley CB, partner and head of energy and natural resources, KPMG 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.”