EAG Bioenergy Secures Major Investment from Vesper Infrastructure Partners
Deal News | Nov 04, 2024 | Freeths LLP
Freeths LLP, a prominent national law firm, has successfully advised Vesper Infrastructure Partners on its significant investment in EAG Bioenergy. Vesper, an independent advisor and investor established in 2022 and based in Milan, focuses on harnessing value-add strategies for sustainable infrastructures. By partnering with OrbeNovo Capital, Vesper has become the majority investor in EAG Bioenergy, a company known for its bioenergy project development and biogas and biomethane supply. This strategic investment will empower EAG Bioenergy to enhance its operational capabilities and explore further M&A and growth opportunities, particularly in the UK and Ireland. The transaction saw Freeths collaborating with Herbert Smith Freehills and engaging Arthur Cox for Northern Irish legal matters. The Freeths team was led by Clare King, along with a dedicated team of associates and directors, ensuring comprehensive due diligence and transaction coordination.
Sectors
- Renewable Energy
- Infrastructure Investment
- Legal Advisory
Geography
- United Kingdom – The investment will help EAG Bioenergy expand its operations throughout the UK.
- Ireland – The expansion includes operations progression in Ireland as well.
- Italy – Vesper Infrastructure Partners is headquartered in Milan, Italy, making it significant to the geography of this article.
Industry
- Renewable Energy – EAG Bioenergy is involved in generating renewable heat, electricity, and gas, making the renewable energy sector highly relevant.
- Infrastructure Investment – Vesper Infrastructure Partners focuses on sustainable infrastructure, indicating the importance of infrastructure investment in this context.
- Legal Advisory – Freeths LLP's role in advising on the investment underscores the legal advisory sector's relevance to the transaction.
Financials
- N/A – The financial terms of the investment transaction between Vesper Infrastructure Partners and EAG Bioenergy are not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Vesper Infrastructure Partners | Majority Investor | Company | An independent advisor and investor focusing on sustainable infrastructures. |
| EAG Bioenergy | Target Company | Company | Developer and operator of bioenergy projects, supplying renewable heat, electricity, and gas. |
| OrbeNovo Capital | Partner | Company | Partnered with Vesper Infrastructure Partners in the investment in EAG Bioenergy. |
| Freeths LLP | Legal Advisor | Company | National law firm advising Vesper Infrastructure Partners on the investment. |
| Herbert Smith Freehills | Co-counsel | Company | Collaborated with Freeths LLP on the transaction. |
| Arthur Cox | Local Counsel | Company | Handled legal aspects for Northern Ireland in the transaction. |