Europe Energy and Infrastructure M&A: Risks and Opportunities in 2024

Rising interest rates and stubbornly high inflation contributed to a subdued deals market in 2023. There was, however, no shortage of M&A highlights across the energy and infrastructure sectors, including the year’s two largest transactions. If interest rates and inflation begin to stabilise as expected in 2024, we anticipate that investors will be particularly attracted to the opportunities presented by the continued push towards renewables and net zero in European economies.