We are an industry leader in the economics and finance of energy assets, with in-depth experience in electricity, natural gas, and petroleum markets.

Our clients are diverse, including electric and gas utilities, independent power producers, pipeline companies and shippers on pipelines, electric transmission companies, technology vendors, trade associations, non-governmental organizations, regulators, government agencies, and consumer advocates. We advise clients in the acquisition and divestiture of energy assets; auction design; the design, pricing, and risk management of utility services; and associated policy questions. We regularly provide testimony before regulatory agencies on a wide range of policy, rate, and business matters as well as in settings where these issues are the subject of litigation or arbitration.

Members of the firm are nationally recognized for work in the areas of market analysis; asset valuation; regulatory cost of service and cost of capital; risk management; auction design; and antitrust relating to the energy, transport, and telecom sectors. They are supported by extensive staff expertise in financial economics, corporate finance, statistics, and competitive analysis.