Cloud Peak Energy has retained Centerview Partners as its investment banker, Vinson & Elkins as its legal advisor, and FTI Consulting as its financial advisor to assist the company and its Board of Directors in its review of capital structure and restructuring alternatives.
According to the latest report by Technavio, the coal-fired power generation market will register a CAGR of over 1% by 2023.
While western Europe is reducing its coal use, most countries in Eastern Europe are still reliant on the fuel.