Global Power market chinese test

Uncertainty and corporate distress create opportunities for companies with the appetite and capacity to take advantage. Weak oil prices through 2015 (Wood Mackenzie expects Brent to average US$73.80/bbl), will ratchet up the pressure on a financially stretched sector. Expect to see falling deal valuations and the emergence of a true buyers’ market. Large scale corporate consolidation may be closer than it has been at any point since the late 1990s.