The post COVID-19 recovery plan for GCC utilities
The ultimate impact of Covid-19 on utilities will depend on a range of factors, including the length and intensity of the epidemic, the global economic recovery, and oil market dynamics, and government stimulus packages, write Dr. Shihab Elborai and Dr. Raed Kombargi, partners with Strategy& Middle East, part of the PwC network
Global power industry M&A deals total $5.21bn in February 2020
The top country in terms of M&A deals activity in February 2020 was the US with 21 deals, followed by Spain with nine and India with eight
Global power industry deals total $5.91bn in February 2020
The value marked an increase of 111.1% over the previous month and a drop of 42.1% when compared with the last 12-month average of $10.2bn
Egypt, Saudi Arabia to sign power linkage contracts in May – official
The Egyptian Electricity Ministry is also looking to establish power linkage with Europe through Cyprus
ADPower makes offer to transfer water and electricity generation assets
Combination would result in Top 10 EMEA integrated utilities leader and the 3rd largest company listed on UAE stock markets

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