Selected regulatory developments in European energy and infrastructure 

Key Q2 2026 FSR developments

The White & Case Dawn Raid Analysis Quarterly (DRAQ) is an information and discussion resource regarding surprise on-the-spot inspections by antitrust authorities (dawn raids) across Europe. DRAQ provides updates on recent case law, enforcement activity and trends.

M&A Explorer | Record deals, government-backed megaprojects and a race to power Europe's data centers are drawing capital into a sector long considered politically untouchable

Debt Explorer | Despite headwinds related to AI-led disruption and the conflict in Iran, leveraged loan markets in Europe and the US proved resilient in Q1, with high-quality borrowers continuing to access financing throughout the quarter

M&A Explorer | Europe's renewables buildout is gathering pace, turning the infrastructure needed to store and transmit that power into hotly contested subsectors

M&A Explorer | As drones, AI and autonomous systems replace traditional military hardware, the race to acquire and invest in defense technology is heating up

Debt Explorer | AI-driven demand and lower exposure to software shield US high yield markets from macro challenges, but activity dips in Europe and Asia