Corporate Development Although many utilities performed well in 2005 and regained value lost in recent years, the variance across companies was substantial and reflected the different business models that have emerged. Some of the most highly regarded companies of past years crashed - bringing home the need to develop robust and sustainable growth strategies. The passage of the Energy Policy Act of 2005 is expected to stimulate the ongoing consolidation of the sector and may offer strategic opportunities. We help energy utilities build shareholder value by: Identifying and evaluating strategic transactions Creating new revenue streams and sources based on strategic strengths and relationships Developing new business models that capitalize on utility advantages and existing technologies Forming strategic partnerships and networks with companies who have complementary needs and capabilities In very selected situations we partner with clients to develop a business concept.