Presentation on theme: "Capital Solutions for Building a Business In Energy Markets Chuck Watson Chairman Eagle Energy Partners January 19, 2006."— Presentation transcript:
Capital Solutions for Building a Business In Energy Markets Chuck Watson Chairman Eagle Energy Partners January 19, 2006
Introduction Many financing options exist for growing a business –both private and public After 20 years of building energy businesses, and over 10 major transactions, Eagle Energy Partners is finally tapping private equity
Sources of Capital You are only limited by your own creativity in building a business.
2001-2005 Up Cycle $ billions, global Worldwide M&A Activity
2005 Energy Market Themes High Commodity Prices Recent Under Investment Public: High Liquidity/Low Leverage Private: Nominal Equity High Leverage Heavy Competition Record Fund Sizes Declining Required Returns High Acquisition Premiums Energy Market Fundamentals Private Equity
2005 Energy Market Themes Entering Market Buy/Hedge Arbitrage Increasing Sophistication Increasing Demands for Control Aging Energy Infrastructure Tighter Environmental Regs. Desire for US Energy Independence Deregulation Hedge Funds Other Drivers
What to Expect from Private Equity Large ownership stake and influence Strong Management Experience Deep pockets seeking lucrative returns A complete financing solution to maximize growth and value