Energy

Unlike traditional fossil fuels, nature’s energy will never run out. Switching to renewable energy is essential for reducing the devastating effects of climate change, and protecting the natural environment for future generations.

With the Scottish Government having set a target to generate 50% of Scotland’s overall energy consumption from renewable sources by 2030, and to have decarbonised the system almost completely by 2050, renewable energy projects are in high demand at the moment.

We advise our clients throughout the whole project lifecycle from initial feasibility studies through to achieving financial close in the primary market and buying and selling assets in the secondary market. Our team has been involved in advising on over £1.5bn of transactions can help with:

  • Bespoke financial model build including integrated tax and accounting
  • Operation model build
  • Project financing and fundraising – senior debt, mezzanine and equity
  • Financial due diligence for funders and developers
  • Secondary market acquisitions and disposals
  • Valuations
  • Capital allowances reviews and claims conducted by qualified surveyors
  • Optimal tax structuring and IHT planning
  • Audit and tax compliance

We have experience in a number of technologies and our focus is on the following subsets:

  • Offshore wind – fixed and floating
  • Onshore wind
  • Wave and tidal
  • Solar
  • Hydro
  • Hydrogen
  • Bioenergy
  • EfW
  • Natural Carbon Sequestration
  • Carbon Trading
  • Carbon Capture Utilisation and Storage
  • Energy Storage
  • Transport

For more information on how we can support you with secondary marker transactions, please download this useful flyer.

Our Energy team, led by Mark Stewart, comprises experts in corporate finance, tax, capital allowances, accounting and audit services who provide our clients with deep sector expertise and a proven track record of completing deals both within the UK and internationally through the PKF family. 

We are committed to helping position Scotland as a global hub for sustainable infrastructure and renewable energy investment. 

Oil & Gas

Oil and gas has made a massive contribution to the health and vitality of the Scottish economy for decades.

However, with the oil price downturn and the energy transition drive it is currently facing its most challenging period for a generation, the industry is adjusting its approach and operators are reshaping their businesses in response to this new economic environment.

We advise our clients throughout the whole project lifecycle from initial feasibility studies through to achieving financial close in the primary market and buying and selling assets in the secondary market. Our team has been involved in advising on over £1.5bn of transactions can help with:

  • Bespoke financial model build including integrated tax and accounting
  • Operation model build
  • Project financing and fundraising – senior debt, mezzanine and equity
  • Financial due diligence for funders and developers
  • Secondary market acquisitions and disposals
  • Valuations
  • Capital allowances reviews and claims conducted by qualified surveyors
  • Optimal tax structuring and IHT planning
  • Audit and tax compliance

As trusted advisers to the sector, we’re helping our clients make that adjustment and implement new strategies for their businesses.

Our Aberdeen-based Oil & Gas team, led by Graham Alexander and Alan Dick are immersed in the industry and have the experience and insight to assist you.

Alongside our specialism in the subsea sector and our widespread knowledge of the local market, our long-standing relationships with the industry’s SMEs mean we understand your challenges and have the expertise and innovative approach to help you realise your ambitions. 

Global approach

For many of our oil and gas customers, our advice on entering and operating in international markets is invaluable. Navigating different legal systems and regulations, understanding unfamiliar local customs, and overcoming language barriers are just some of the issues which companies can face.

Our International Tax specialists will assess your tax position from a global view. And, as part of PKF International (PKFI), one of the top 11 global networks of accounting firms, we have extended our reach to 440 locations in over 150 countries, enabling us to support your business, wherever you are.