2024 M&A Year in Review - Flipbook - Page 22
22
Energy
Sector performance
600+
Energy
lawyers
M&A activity in the energy sector remained strong throughout
2024. A wave of consolidations prompted numerous megadeals
and mid-size acquisitions concentrated in oil and gas, which
remained a critical focus of the sector as the clean energy
build-out struggled to keep pace with rising consumption.
Electrification across sectors, along with substantial power
needs for generative AI and data centers, further intensified
global demand, driving investments in power generation,
grids, and energy storage. Funds continued to target global
energy and infrastructure investments, while nuclear energy
experienced a renaissance as a significant player in the sector.
Hogan Lovells activities
In 2024, our Energy team played a key role in advancing the
energy transition, helping clients navigate opportunities in
areas such as Carbon Capture and Storage, hydrogen, and
battery storage.
We published thought leadership on key industry issues,
including energy security, the role of critical minerals, and
emerging technologies. We also hosted a podcast mini-series,
showcasing the achievements and insights of leading women
across the sector. Our commitment to industry knowledge
sharing continued with the release of the fifth edition of
Offshore Wind Worldwide, a comprehensive guide to regulatory
frameworks in select countries.
Tier 1
Energy: Transactions
Legal 500 Germany,
2024