Champion of Scotland’s energy sector recognised at Scotland Dealmakers awards
Piper Sandler’s Nick Dalgarno honoured for decades of backing growth in a key sector for the country’s economy
A vocal backer of oil and gas’s role in the energy transition has been recognised for outstanding contributions at the Scotland Dealmakers awards.
Nick Dalgarno’s work across the UK, Europe and the Middle East was highlighted at the event in Glasgow this week, along with his passion for championing the north-east as a driver of Scotland’s economic future.
His work as a trustee of Sportschallenge, helping raise more than £1 million for Scottish charities, was also praised.
The Piper Sandler managing director, who has been with the company for 23 years, said strategic acquirers and private equity investors were returning to the sector, recognising the importance of energy supply and security to the global economy.
He said: “I am honoured to receive this recognition. However, our Aberdeen-based team has consistently led the energy sector in what is shaping up to be a record year for our office, so it belongs as much to the team as it does to me.
“While much of our business is international and has moved well beyond oil and gas, never forgetting our roots has served us well as the energy landscape has evolved. We have always sought to support and advocate for our clients in traditional energy markets and in the north-east of Scotland as they seek to grow their businesses.
“While our local energy sector has faced unprecedented uncertainty through a punitive fiscal and policy regime, the return of the international subsea market has been a real boost, and we’ve seen a lot of activity in the last year from overseas industrial investors acquiring UK-headquartered businesses to capitalise on that.”
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