Scirocco Energy’s strategy is to acquire a diverse portfolio of direct and indirect interests in attractive production and development opportunities within the European transition energy market.
The board is seeking to establish a broader European energy market strategy, investing in opportunities which meet the following criteria.
Cash generative, with the potential to re-invest operational cash flow in further growth.
Situated within the broad energy space, a market which the Board knows well.
Primary targets within the natural gas space, augmented by opportunities which may benefit from low carbon and electrification dynamics.
Assets which can attract the necessary investment capital, taking appropriate account of growing investor sentiment towards ESG and SRI indicators.
Assets which deliver stable returns, with lower exposure to global commodity prices.