At Cordes & Company, our financial and management professionals provide prompt and expert support for businesses and real estate in transition, litigation and distress – as well as their local, regional and national lenders.
One of our primary areas of focus is the energy industry.
The energy industry is massive, complex and essential. It includes industries involved in the production and sale of energy, including exploration, extraction, manufacturing, refining and distribution. Fuels can be petrochemical, gas, electricity, coal, nuclear and renewable.
Financial issues can arise at any point in the complex chain from exploration to distribution. Management of energy industry entities in transition, litigation or distress involves not only buildings and operations, but also sophisticated technology, processes, equipment, as well as land leases and permits. Often, there are environmental issues. In such situations, it takes an industry expert to minimize losses, preserve and maximize values, and avoid liability exposure.
At Cordes & Company, our energy industry experience includes numerous power plants. In addition, we offer a special depth of expertise at the distribution end of the energy chain. The recent economic downturn affected the owners and operators of many gas stations. When they went into distress, Cordes & Company stepped in to assess finances, stabilize properties and operations, and deal with environmental issues.