1、Q1 2026 UpdatePower,Utilities,and Renewables GroupThermal and Renewable MarketsLeadership TeamIntroduction Power,Utilities,and Renewables Group2Mergers and AcquisitionsCorporate Valuation Advisory ServicesCapital SolutionsTransaction Advisory ServicesBoard Advisory ServicesDispute Resolution Service

2、sFinancial RestructuringTransaction OpinionsPortfolio Valuation and Fund OpinionsFundOpinionsOur Service OfferingsDear Clients and Friends,Houlihan Lokey is pleased to present its Power,Utilities,and Renewables Market Snapshot for the quarter ended March 31,2026.We have included recent M&A transacti

3、on announcements,capital markets performance,and other industry insights to help you stay ahead in this evolving industry.We hope you find this update to be informative and that it serves as a valuable resource to you in staying abreast of the market.If there is additional content you would find use

4、ful for future updates,please dont hesitate to call or email us with your suggestions.We look forward to staying in touch with you.Regards,Houlihan Lokeys Power,Utilities,and Renewables GroupXander B.HectorManaging DirectorPower,Utilities,and Renewables GroupXHectorHL.com+1 612.215.2251Matthew Mazzu

5、cchiManaging DirectorPower,Utilities,and Renewables GroupMMazzucchiHL.com+1 214.220.8494Dan ODonnellManaging DirectorFinancial and Valuation AdvisoryDODonnellHL.com+1 214.665.8626Blair RichardsonManaging DirectorFinancial and Valuation AdvisoryBWRichardsonHL.com+1 415.273.3605Spencer AndersonDirecto

6、rPower,Utilities,and Renewables GroupSJAndersonHL.com+1 612.215.2885Mustafa AzharDirectorFinancial and Valuation AdvisoryMAzharHL.com+1 214.220.8481Dan BeaulneDirectorFinancial and Valuation AdvisoryDBeaulneHL.com+1 214.665.8631Vamsi MandaDirectorPower,Utilities,and Renewables GroupVMandaHL.com+1 21