Peter Gray, Managing Director with KPMG Corporate Finance's Energy and Natural Resources Team, Quoted in The Deal

April 6, 2009

Peter Gray,  Managing Director with KPMG Corporate Finance's Energy and Natural Resources Team, was quoted Claire Poole's article entitled, "The Alternative Lifestyle," in The Deal.

Virtually every utility and power producer in the United States is involving themselves in the renewable energy business. The reasons for investing in renewable energy include creating tax shelters to help offset profits, boosting the renewable component of portfolios while masking the dirtier parts, such as coal plants, as well as increasing PR efforts in this age of energy conservation.

"We see tremendous potential M&A activity in the alternative energy space," says Gray.

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KPMG Corporate Finance LLC is a leading financial adviser serving domestic and international clients. KPMG Corporate Finance offers a full suite of investment banking and advisory services and the experience and depth of knowledge in global M&A and project finance to advise clients on mergers and acquisitions, sales and divestitures, buy-outs, financings, restructurings, fairness opinions, infrastructure project finance and other advisory initiatives. Operating in 51 countries, KPMG's Corporate Finance practice comprises more than 1,800 professionals who are able to meet the needs of KPMG's firms’ clients across the globe. In 2006, KPMG's Corporate Finance practice was ranked the number one financial adviser for completing the highest number of transactions globally (434 deals totaling US$48.9 billion), according to Thomson Financial’s global M&A league tables, and was named global financial adviser of the year by Infrastructure Journal.