Ahmed Farman

Ahmed Farman joined Jefferies in July 2015 as Head of the European Utilities team, bringing with him 8 years of sector experience. Prior to joining Jefferies, Ahmed worked as an equity analyst covering the Utility sector at Redburn and Liberum Capital. Before that he advised utilities regulators and infrastructure projects whilst working for PricewaterhouseCoopers. Zach Ho joined Jefferies in 2021 to help cover the utilities sector and has now gathered four years of sector expertise, with four large-cap stocks under coverage. Arturo Murua joined Jefferies in 2024 to help cover Southern European utilities, having completed a Master’s in Finance at LBS in 2023, and has seven years of experience in buy-side/sell-side research in Latam. Alejandra Botbol joined the team as a graduate in 2023.

What Are We Known For

• Unique industry experience afforded by broad regional (21 utilities and renewable developers across Europe) and sub-sector coverage (renewables, networks, water and waste management and energy supply).
• Differentiated offerings. Our team provides deep-dive thematic work, supported by proprietary databases, with a focus on earnings risk and self-help potential not appreciated by consensus. In addition, we have strong industry knowledge, with a wide network of industry contacts augmented by hosting regular expert events on topical issues as well as detailed/user-friendly models. We regularly provide unique access with management teams of companies by hosting them for investor lunches.