Adam Umanoff Quoted in Dow Jones Article on Private Equity and the Power Markets

Adam Umanoff, co-head of Akin Gump’s global project finance practice, is quoted in the April 29 Dow Jones Private Equity Analyst article “PE Power Markets Wake Up at Home and Abroad.”

Among other topics, the article looks at how private equity firms have been seizing upon lower power prices across the North American energy grid to make investments in utilities. Umanoff notes that gas assets, in particular, that can be placed “into service later this year in a market that needs capacity” are the “holy grail” for these firms because of their favorable supply-and-demand dynamics.