Wind · PV · BESS · Heat · Grid Infrastructure
Corporate Finance Expertise for the Energy Sector
Valuation, financing and M&A for corporates and investors – advisory and senior execution from analysis to closing.
Clients
Partner to corporates and investors
Financial investors
The deal team needs sector expertise, or the portfolio company has to become transaction-ready.
→ Learn more Energy groups · Municipal utilitiesEnergy companies
Internal capacity for valuation and transactions is missing.
→ Learn more IPPs · IFPsProject developers
Growth capital is to be raised, projects financed, the pipeline sold or the portfolio valued.
→ Learn more OEMs · EPC · O&MsSuppliers & service providers
An ownership change is due, or a PE fund wants to take a stake.
→ Learn more- 15+
- years in the energy sector
- 25+
- transactions and projects in the energy sector
- €2.5bn+
- transaction volume
Services
Typical clients
- Infrastructure funds
- Family offices
- Debt funds
Typical situations
- →The deal team is stretched on a wind, solar or BESS target and needs sector capacity for the transaction model and DD coordination.
- →A portfolio company is to buy an add-on or be made exit-ready, without an in-house corporate finance team.
- →The IC needs an independent review of existing valuation models before the investment decision.
- →Several targets are to be approached directly for an investment, before they go to auction.
Services for financial investors
- Buy-side deal support
- Sector screening, transaction model, DD management and analysis of financial clauses in the SPA. Decision papers for IC and board.
- Execution at the portfolio company
- Add-on acquisitions, exit preparation, carve-out, refinancing.
- Portfolio valuation and model review
- Asset DCF, portfolio models, review of existing models ahead of transaction or credit decisions.
- Shareholding governance
- Board preparation, sell-vs-hold analysis, independent second opinion on valuation and structuring options.
Typical clients
- Energy groups with an M&A function
- Regional and municipal utilities without their own M&A team
- Grid operators and infrastructure companies
Typical situations
- →A sell-side, buy-side or JV process is running and an experienced project lead for adviser management, model and board papers is missing.
- →An investment decision (FID) for wind, solar or BESS is due and the investment case has to be brought to group standard.
- →A project financing is to be structured and negotiated with banks.
- →A shareholding is to be sold, a carve-out prepared or a joint venture structured.
Services for energy companies
- M&A project management
- Sell-side, buy-side, JV and stake sales: adviser management, data room, SPA negotiation, papers for the management and supervisory board.
- FID models and investment cases
- Valuation models for wind, solar and BESS to group standard, sensitivities and scenarios for the investment committee.
- Project finance workstream
- Financial model, bank approach, term sheet and security negotiation through to financial close.
- Carve-out and JV structuring
- Separation of business units, shareholder governance, preparation for a sale or IPO.
Typical clients
- Independent power producers (IPPs) and independent flexibility providers (IFPs) with a growing pipeline
- Project developers for wind, solar and BESS
- Operators of existing portfolios
Typical situations
- →The pipeline is growing faster than the equity base and growth capital is to be raised.
- →A project is approaching construction start and the financing has to be structured with banks.
- →The pipeline or the platform is to be sold in whole or in part.
- →An existing portfolio faces repowering, refinancing or the sell-vs-hold question.
Services for project developers
- Project finance
- Structuring, financial model, bank approach, term sheet through to financial close.
- Growth capital and development equity
- Investor search, valuation, negotiation of the shareholding structure.
- Sale of pipeline or platform
- Preparation, investor approach, bidding process, SPA negotiation through to closing.
- Portfolio valuation
- DCF models for existing portfolios, repowering and refinancing scenarios, sell-vs-hold analysis.
- Business cases for growth phases
- Robust models for bank discussions, investors and shareholders.
Typical clients
- Manufacturers and OEMs of components and heat technology
- EPC, installation and grid connection companies
- O&M and service companies
Typical situations
- →Succession is due and a sale to a strategic buyer or investor is to be prepared.
- →A PE fund or strategic buyer has expressed interest in a stake and the offer is to be assessed and negotiated.
- →An acquisition is to expand the company and in-house experience with the process is missing.
- →Shareholders need a robust valuation for an upcoming decision.
Services for suppliers & service providers
- Company sale and succession
- Preparation, information memorandum, buyer approach, bidding process, negotiation through to closing.
- Investor participation
- Valuation, structuring of the stake, negotiation with PE funds or strategic buyers.
- Acquisition and buy-and-build
- Target search, valuation, process management, financing.
- Valuation for shareholder decisions
- Company valuation, scenarios and options for action as a basis for decisions.
Companies that have already trusted us (selection)
Deep expertise in the energy and infrastructure sector
References
Transactions and projects from corporate M&A, advisory mandates and investor projects (selection).
| Service | Client | Sector | Size |
|---|---|---|---|
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Publications
Activity map Renewables + BESS Germany
Companies, capacity additions and transactions for wind, solar and battery storage in Germany from the CFP database.
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CFP – Corporate Finance Partner
Profile
Enabler and implementer at eye level – without overhead, but with a strong network.
Experience from the international energy group environment and from M&A advisory makes it possible to take the perspective of investor, adviser and entrepreneur alike. That experience is applied where it is needed: as project lead within the client's team, or as a mandated adviser through to closing.
Your contact
Michael Szadurski, CFA
MBA – European School of Management & Technology (ESMT)
Chartered Financial Analyst
Michael Szadurski spent 15 years at one of the largest European utilities, most recently as Director M&A, before that as Vice President for a joint venture shareholding and as an investment analyst for renewable energy. He then spent three years as a partner at an M&A boutique, advising owners on the sale of their companies. He has worked independently since 2026.
His focus is corporate finance and M&A in the energy industry, centred on wind, solar, battery storage, heat and grid infrastructure. Michael Szadurski is a CFA charterholder and completed his MBA at ESMT Berlin. Working languages are German and English.
The work is done personally, with responsibility for the outcome. There is no team to delegate to. Where additional capacity is needed, specialists from the network are brought in, whose work has proven itself in earlier transactions.
Contact