FirstEnergy Capital Launches Operations in London, England
The opening of the office in
"Having thoroughly established our credentials in
"Our sales and research teams have been present in
Over the past several years FirstEnergy has completed an equity partnership with Société Générale, launched an oil and gas property Acquisition and Divestiture group that has won a number of high profile mandates, and continued to aggressively expand its Calgary-based operations. With this step to grow its international presence, the company is continuing to execute on a strategy aimed at becoming one of the world's leading players in energy-focused investment banking.
FirstEnergy is Canada's leading energy-focused investment bank, providing full service investment banking to clients globally from its offices in
Backgrounder Corporate History
Since inception in 1993, FirstEnergy Capital Corp. has grown to become the leading investment dealer focused on Canada's vibrant energy sector. The company serves the needs of energy companies and sophisticated institutional investors located around the globe.
FirstEnergy grew from entrepreneurial roots to become a leading Canadian independent investment bank. In 2005 FirstEnergy entered a formal strategic partnership with one of the world's leading financial institutions, Paris-based Société Générale, which has allowed the company to extend its global reach and the depth and sophistication of the financial products it offers.
Corporate Finance Activities
FirstEnergy's Corporate Finance Team serves the needs of Canadian and International energy companies through all stages of their development, including private and public equity underwriting and merger, acquisition, divestiture and valuation advisory services. FirstEnergy's client base encompasses the full energy spectrum - oil and gas producers, oilfield services companies, pipelines, power and infrastructure companies and income trusts. FirstEnergy's dedicated professionals have expertise in finance, accounting, portfolio management, petroleum engineering, geology and geophysics.
Our record as a leading investment bank reflects the depth of our knowledge and experience. Since FirstEnergy's inception, we have participated in over 850 equity financings, with a value of more than
In addition, FirstEnergy has been involved in a broad range and extensive number of advisory assignments. Since inception, the company has advised on over 225 M&A transactions, with a cumulative value in excess of
A Commitment to Community
From the beginning, charitable giving and community support have played an integral role in the development of FirstEnergy's corporate culture. Company policy is to regularly give a minimum of 2.5% of gross profits to charities and community groups, but usually much more is given on an annual basis. Over the last 16 years, FirstEnergy has donated in excess of
Sales and Trading
The Institutional Sales and Trading Team specialize in analysis and investment advice regarding companies involved in almost all aspects of energy. FirstEnergy's Private Client Sales Team is focused on selected high net worth clients and contributes significantly to trading volume, market share and industry insight.
FirstEnergy is consistently one of the most active traders of energy issues on the TSX, frequently ranked as one of the most predominant boutique traders of more than 30 dealers involved in the energy sector. The company's singular focus and knowledge of energy distinguishes it from competitors.
Research
FirstEnergy's objective is to provide clients with timely, accurate and insightful research that assists in managing investment decisions. Often the company's research team or individuals within the team are ranked as top research analysts within various energy sector segments. Recent examples of this recognition include:
- Kevin Lo, Vice President, Institutional Research, was ranked No. 3 by Brendan Woods in 2008 and was ranked No. 1 in terms of client contact. - William Lacey, Managing Director, Institutional Research, ranked No. 4 in Canada's Top Research Analysts in both 2006 and 2007 - William Lacey ranked No. 5 in Wall Street Journal's Best on the Street Analysts Survey in Oil & Gas Producers category - 2007 Research is just one area where the firm is regularly recognized for excellence. A sampling of some of the other recognition the firm has received recently includes: - FirstEnergy named as top Canadian Independent deal maker in 2007 by The Financial Post - FirstEnergy was named Overall Best Place to Work by CalgaryInc. Magazine in 2006
For further information: FirstEnergy Capital: Calgary, Jim W. Davidson, Chairman and C.E.O., p. (403) 262-0672, e. [email protected]; John S. Chambers, Managing Director and President, p. (403) 262-0664, e. [email protected]; London: Richard A. Hail, Managing Director and President UK Operations, p. 44-207-448-0201, e. [email protected]; Hugh R. Sanderson, Managing Director, Corporate Finance, p. 44-207-448-0202, e. [email protected]; London Office Address: 4th Floor, 85 London Wall, London, England, Switchboard: 44-207-448-0200
Share this article