EY acquires power and utilities sector consultancy

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Tuesday 9 September 2014 -  EY is acquiring one of Australia’s leading energy market systems and modelling consultancies, Roam Consulting Pty Ltd.

EY Oceania Power & Utilities Leader Matt Rennie said the addition of the Roam team to EY, including founder and executive chairman Ian Rose and managing director Ben Vanderwaal, would significantly extend the firm’s capabilities in the power and utilities sector.

“The specialist energy market modelling and data analytics that Ian, Ben and their team bring to EY will enable us to grow our national valuation and business modelling team and further build our economic and regulatory capabilities in the power and utilities sector,” says Rennie.

“We are the first professional services firm in Australia and New Zealand to offer this breadth of service offerings, so it’s a very exciting development for EY, particularly given the changes occurring throughout the energy sector right now. The extended capability is key for helping both public and private sector clients making capital investment decisions.”

Roam Consulting Pty Ltd founder and Executive Chairman Ian Rose said: “We’re excited to be joining EY.”

“EY is the leading advisory firm in the power and utilities sector and this will allow us to combine our cutting edge advice with a greater breadth and depth of services. Being part of a global firm will also provide us with broader markets for our services and new career development opportunities for our people,” says Rose. 

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Notes to editors

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Megan Ball
Ernst & Young Australia
Tel: +61 2 8295 6427