I am a nobleman in England

Chapter 206 Unexpected Harvest

"Kakka-"

The following day, the acquisition negotiating team headed by Arthur had the first meeting with the chairman of the power plant in front of the main entrance of the main building of the coastal power plant, witnessed by some media reporters.

After the two parties completed their polite greetings in a friendly atmosphere, they entered the building simultaneously and went straight to the meeting room to prepare for detailed negotiations.

The acquisition of a company is not that simple, especially this time Arthur wanted to acquire the Bristol coast (natural gas) power station as a whole, and the overall acquisition means that the company determines the acquisition price based on assets and acquires the target. Mergers and acquisitions of all property rights of the company.

Therefore, the consequence of the overall acquisition of the company is that the acquirer will annex all of the target company. After the completion of the acquisition process, the target company will no longer exist alone and become a part of the acquirer. All management rights, control rights, and control rights are in the control of the acquirer.

However, this kind of acquisition method may have the greatest risk, because it will involve the company's credit and debt issues. If you are careless and do not perform due diligence, you may cause unnecessary losses to the acquirer.

The purpose of Arthur's personal attendance today is to come over and negotiate with the other party on core business terms and sign the acquisition framework agreement.

Because only after signing the framework agreement, the acquisition team headed by Angela can more easily and conveniently conduct due diligence on the power plant from the three aspects of business, finance and law.Including interviews with senior executives, visits, inspection of legal documents, audits, etc.It will take almost a week for these to spread.

Fortunately, in this acquisition, one is willing to buy and the other is also willing to sell, each taking what they need, and the power plant side has eliminated all unstable factors and obstacles, and strive to facilitate this acquisition. Therefore, regarding the core The negotiation of commercial terms did not last long, and the two parties successfully signed a framework agreement.

The remaining members of the acquisition team, with the cooperation of the management of the power plant, formally settled in the power plant and began a full range of investigations and audits. Arthur, the principal, was in charge of the power plant’s chairman and negotiator, Corinna. Accompanied by the company, walk into the factory area for a tour.

Under the blue sky, four towering tall chimneys are blowing white smoke outwards. The entire factory building is built in rectangular and square shapes, which makes it look neat and atmospheric.

"... In the entire area, the main factory building is the absolute center of the entire factory area. The design of other buildings must be carried out around this center. The front factory building in front is a center of the factory area and the center of personnel activities."

Arthur and the chairman of the power plant walked side by side, and a group of people behind him followed suit. The chairman of the power plant continued to introduce the entire plant to Arthur with a smile.

When the other party noticed that Arthur cast his eyes on the four chimneys with white smoke, he couldn't help but smile and explained: "Compared with coal-fired power generation, natural gas power generation has multiple advantages. Gas-fired power generation hardly emits SO2, soot, and nitrogen. Oxide emissions are only one-tenth of coal-fired power generation, which has high environmental value.

In addition, the gas generators are flexible to start and stop, which is convenient for peak adjustment of the power grid..."

Arthur is also very clear about the benefits of these natural gas power generation, without the other party's words, and as a buyer, he will naturally not follow the other party's ideas and just say the advantages.

"Indeed, however, from the perspective of the power grid, electricity is an undifferentiated commodity, and the on-grid price of gas is higher than that of coal-fired power generation. In order to pursue economic benefits, the grid prefers low-cost electricity such as coal power.

Fuel costs account for about 70% to 80% of the operating costs of gas-fired power plants. Natural gas price is one of the most important factors affecting the economics of gas-fired power generation."

"Hehe, this is indeed a big problem that cannot be avoided. However, in the next ten years, about one-fifth of the UK's power generation capacity will be shut down, most of which are old coal-fired power plants that do not meet EU environmental standards.

According to government plans, these closed power plants will be replaced by new nuclear reactors and offshore wind power sites.However, this plan was delayed due to government policy uncertainty and the economic crisis.

The gas-fired power plant, which has been strongly encouraged by the government, has also not been built. The result is that the standby power generation capacity will be very tight. According to the data I have, it will drop from the current 15% to the extreme in 3 years. Five percent dangerous.The government is absolutely underestimating the power crisis that the UK will face in the next three years, and the danger of power outages does exist.

Therefore, in the not-too-distant future, the government will certainly introduce a series of incentive bills to encourage gas-fired power plants that are regarded as backup support for wind farms."

Hearing this, Arthur couldn't help but look at the power plant chairman Garys Raymond, who had a very low sense of existence in the materials and in reality. He did not expect that the other party was not an incompetent mascot, not only that Ability, on the contrary, is a very forward-looking leader.

"Mr. Raymond, when the acquisition is completed, I would like to invite you to be the CEO of the power plant. Are you interested?"

"Hehe, thank you for your invitation, and thank you for your importance, but I'm sorry..." Garys Raymond shook his head with a light smile, and after a short pause, he lowered his voice and said to Arthur: "I will go back this time. I want to enter the UK Department of Energy and Climate Change, so I can only fail your kindness."

"That's the case. Congratulations. It seems that in the future, Mr. Raymond will take care of you." Arthur's eyes lit up slightly. It turns out that this is going to be elevated, and it happens to be the energy management department. You can deepen your friendship.

"Hehe, really, thanks to your acquisition this time, otherwise I might miss this opportunity and continue to be trapped here." As a politician, Garys Raymond will naturally not let go of the knot. JIAO Arthur, such a young billionaire, must know that if he only has ambition and ambition, he cannot do without the support of rich men, entrepreneurs and people with social influence like Arthur.

Arthur naturally heard the politeness of the other party's words, and also felt the other party's intention to make jiao. This was undoubtedly a quick and easy rhythm, and the atmosphere of the two exchanges became more relaxed and casual.

This is definitely an unexpected big gain for Arthur. After all, for the current Arthur, in fact, what he lacks most is his connections in the upper echelons of England and the JIAO Internet.

If you don't improve your social profile or integrate into the upper class, who will agree with you, and how can you get good projects?

Arthur clearly remembered that a well-known entrepreneur from the Celestial Dynasty once said that first of all, don't save money, save your skills and not save money, save your contacts but not save money. What can you do without contacts?

Of course, the premise is that you have to have the ability, if you don't have the ability, you will have no connections.

Therefore, making more friends and making fewer enemies is a way of survival and development, and it is also a very high life wisdom.

"... The power generation company is responsible for the investment and operation of gas-fired power plants. It purchases natural gas from upstream gas suppliers and converts it into electricity, and sells it to downstream grid companies at the feed-in tariff.

You have also said before that material costs account for about 70% to 80% of the operating costs of gas-fired power plants. The price of natural gas is an important factor affecting the income of gas-fired power generation. Therefore, my advice to you is to supply gas with upstream natural gas. Direct transactions, pay reasonable gas transmission costs, and minimize intermediate transaction links and transaction costs."

Arthur and Garris stood in front of the natural gas pipeline. Garris smiled and suggested to Arthur, “Although this may cause some losses due to hoarding and price fluctuations, it is still profitable in the long run. After all, who There is no way to grasp the price trend of natural gas."

"Well, I also thought about this plan. In the case that the electricity price cannot be increased in the short term, I can only find a way from the upstream..." Arthur also nodded in agreement, but he did not tell the other party, himself It is to solve the upstream problems once and for all.