| Redpoint Energy and Baringa Partners to merge |
| |
|
| | Redpoint Energy and
Baringa Partners are
planning to merge to
create an organisation
which, they say, will
have an unparalleled
depth of expertise in
the European energy
space.
The merger, which is
likely to happen in
spring 2012, will
establish Baringa’s
Energy Advisory Services
(EAS) practice as a
combination of the
analytical, policy and
energy market capability
of Redpoint with the
advisory capability of
Baringa. The current
Redpoint directors will
join Baringa partner | |
|
| | Jayesh Parmar to form
the practice leadership
team. EAS will sit
alongside Baringa’s
established
market-leading
transformation
capability across the
energy value chain, and
will position Baringa as
one of Europe’s largest
teams of dedicated
energy consultants.
Explaining the
decision to merge, Phil
Grant, director at
Redpoint, said:
“Redpoint Energy and
Baringa Partners share a
common set of internal
and external values,
have worked closely
together since | |
| |
| | said: “The energy
landscape in Europe is
changing dramatically,
with policy responses to
environmental and
security of supply
concerns, evolving
supply and demand side
technologies, and
dramatically changing
global market dynamics.
Our clear shared vision
is to be the advisor of
choice in helping our
clients shape, define
and deliver change in
European energy
markets.”
He continued: “The
combined organisation
will provide the market
with an unparalleled
advisory capability | |
|
| | offering high quality
analysis and advice
alongside transformation
and performance
improvement services.
And it will enable
clients to make the most
of the opportunities
while overcoming the
challenges that the new
landscape presents.”
The merger will also
support the growth plans
of Redpoint and Baringa,
including expansion into
new regions as well as
enabling more ambitious
investment in people,
services and
intellectual capital. | |
|
| | Redpoint’s foundation in
2004, and already have
an element of
cross-ownership.”
He continued: “Our
intention is to build on
the strong platform of
growth both
organisations have
experienced over recent
years and service our
clients with an
end-to-end policy,
regulation, strategy and
delivery capability.”
Baringa managing
partner Mohamed Mansour | |
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