Investors are suddenly recognizing the importance of energy security. Investors’ confidence in the US LNG sector has skyrocketed. Dealmaking in both upstream gas and utilities is increasing in 2022. Despite the runaway recession and depressing prices at the pump, the U.S. economy has been on a recovery course for several months now, and dealmaking trends appear to confirm it is the correct course. In the utility space, a lot of deals over the first quarter of this year were in the renewable energy space—nothing surprising there. But more deals were in the gas utility space. Gas is staging a comeback. In its latest “Power and utilities transactions and trends” report, EY noted that total deals in the renewable energy and gas utility space over the first quarter hit $38.5 billion, representing 80 percent of total dealmaking activity in the energy space. And while renewable energy deals had a higher […]

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