Ardian has signed an agreement with I Squared Capital to acquire Energia Group, one of the largest energy utilities on the island of Ireland.
Energia operates across the entire energy value chain in the Republic of Ireland and Northern Ireland, serving almost 900,000 homes and businesses. It is one of the longest-established providers of renewable electricity in the region, supplying approximately 17 percent of the island of Ireland’s total electricity requirements and 20 percent of its total wind power.
Energia combines renewables, flexible generation and customer solutions and has a strong track record of successful renewable-energy developments, with an attractive pipeline of new wind, solar and battery energy storage capacity. Energia also has entered into a strategic partnership with a global technology partner for the development of a 165-megawatt data center in Dublin and its corresponding supply of renewable energy.
“Energia is at the forefront of th