How energy and mining firms are using data rooms to drive growth

Jun 15, 2011 - by Aaron Booth

With long term demand for energy and base metals increasing worldwide, energy and mining companies are looking for innovative ways to grow at a time of economic uncertainty.  From M&A transactions to attracting new capital, many firms are using data rooms to coordinate discussions with potential partners and investors across the world.

To better manage M&A deals and attract financing in innovative ways, leading energy and mining firms are using data rooms to share confidential documents like contract drafts, engineering drawings, and site photos.  A properly configured data room plays a key role in coordinating secure communication across internal and external stakeholders such as board members, financers, bidders, accountants, and lawyers. 

We asked our energy and mining clients to tell us about emerging trends in their industry, and how they are using virtual data rooms beyond the more traditional uses of M&A deals and corporate financing applications:

‘Power Industry - Power Play’ a PCE Companies’ Perspective

Dec 2, 2011 - by Mike Rosendahl

America's power sector is at a crossroads. Rising demand for clean forms of power is now juxtaposed against the growing need for inexpensive energy, creating a situation that is increasingly conflicted. Recent economic challenges have made decisions even more difficult for electric power producers. In 2009, electricity generation decreased 4.1 percent, settling at its lowest level since 2003, representing the largest decline in six decades. In addition to the recent economic downturn, expanding environmental policy and increasing prices of certain fuels have forced electric power producers to invest in alternatives to coal such as natural gas. Investment decisions also have been impacted by the recent accident at a nuclear power plant in Japan that, at least temporarily, diminished renewed enthusiasm for nuclear power expansion.

U.S. Energy Department to Promote Benefits of Tax Equity Partnerships

Mar 14, 2012 - by Phil Adrien

Seen as a surprising step, representatives of the U.S. Energy Department are hosting a meeting with large U.S. Corporations to promote the benefits of renewable energy investments in a bid to boost funding options for the industry. This move comes on the heels of the completion of a government stimulus program that expired December 31, 2011.

Companies including Exxon Mobil Corp. and Walt Disney Co will have Steven Chu, Energy Secretary, promoting the benefits of renewable energy investments, specifically the tax-equity markets. The meeting, set for March 13th, is an attempt to reinvigorate a slowing tax equity market.

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