Aberdeen Inspired’s Post

European Green Transition PLC (AIM:EGT) today reported on what it described as a “pivotal year”, in which it sealed a transformational acquisition and successfully floated on the London Stock Exchange. Raising £6.5 million to support its projects, the company’s AIM market IPO was among the notable new additions to the market in recent months. Putting its front foot forward, EGT is advancing its growing portfolio whilst seeking additional new opportunities. "Following our successful IPO, we aim to deliver value for shareholders and support Europe's green energy transition through our green economy portfolio,” chief executive Aiden Lavelle said in a statement. “In the second half of 2024 we plan to conduct a low-cost drill programme at the Olserum REE project. We anticipate this will support our approach to engage a third party to fund its future development and potential commercialisation. More at #Proactive #ProactiveInvestors #europeangreentransition #greenenergy http://ow.ly/Ikzw105y1W6

Congratulations to Leah McGimpsey and the team at APEM Group, who have just completed the acquisition of Attexo.   Attexo is one of Australia’s leading providers of advisory and environmental consultancy services to the renewable energy sector, and works on some of the nation’s highest profile renewable energy projects including wind farms, grid scale batteries, pumped hydro schemes, solar farms and hydrogen projects. The transaction further reinforces APEM’s presence in Australia and comes just three months after it expanded its presence and capabilities in the country with the acquisition of ecology and heritage consultancy, Biosis.    Bringing Attexo into the Group means that APEM now has 215 experts based in 11 offices across Queensland, Victoria and New South Wales, and opens up significant opportunities in the high growth Asia-Pacific region.   This is the third acquisition completed in the last 12 months and the eighth since WestBridge invested in APEM.   Peter Barkley, partner at WestBridge, said:   “With eight strategic acquisitions under its belt, it’s no surprise that APEM has grown so phenomenally and is on track to become the world’s leading environmental consultancy. The team’s immediate focus is to ensure that all three acquisitions completed this year are fully and sympathetically integrated into the business so that all clients continue to receive a best-in-class service that has breadth and depth of expertise. "The Australian government’s commitment to developing renewable energy, coupled with the team’s dedication to helping the world move towards Net Zero, sets the stage for an ambitious and exciting future organic trajectory for APEM Group across all geographies. There remains tremendous potential for future acquisitions once these latest ones have been brought fully into the APEM fold.”   Guy Davies, managing partner, added:   “The acquisition truly caps a phenomenal year for the business. Looking forward to 2025, the greater than expected AMP cycle determination, the position the business has built in Australia, the cross-selling opportunities from the 2024 acquisitions, as well as the tail winds that continue to drive the core business mean that APEM has tremendous potential for organic growth over the next few years.”   #privateequity #privateequityfirm #privateequityinvestment  

𝐁𝐥𝐚𝐜𝐤𝐑𝐨𝐜𝐤 𝐬𝐞𝐥𝐥𝐬 𝐆𝐚𝐬𝐋𝐨𝐠 𝐬𝐭𝐚𝐤𝐞 𝐭𝐨 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞’𝐬 𝐆𝐈𝐂 US investment giant BlackRock is selling out of Greek liquefied natural gas (LNG) shipping player GasLog. A fund managed by the New York-based firm’s Global Infrastructure Partners (GIP) has struck a deal for Singaporean sovereign wealth fund GIC to take over its 45% stake in the Peter Livanos-backed GasLog for an undisclosed sum. The deal is expected to close in the fourth quarter of this year. BlackRock bought into GasLog in 2021 in a move that saw the company delisted from the New York Stock Exchange. The Livanos family and the Onassis Foundation will maintain their shareholdings of about 55% in GasLog. GasLog owns and operates a fleet of 34 LNG carriers, including two under construction, and has a 20% interest in a floating storage and regasification terminal. Welcoming GIC as the company’s new shareholder Peter Livanos, chairman of GasLog, said: “GIC’s long-term investment horizon and focus on safety and operational excellence align with GasLog’s corporate values. GIC has a track record of success in supporting energy infrastructure businesses, further enhancing GasLog’s core strengths and capital flexibility. Their global reach will also be a benefit to us as we pursue attractive growth opportunities in the future.”

We are very pleased to have advised the Eurazeo Sustainable Maritime Infrastructure (ESMI) fund on a sale and lease back transaction to be entered into with Mainport Shipping Ltd (Irish Mainport Holdings) for the pre- and post-delivery lease financing of the hybrid survey and ROV support vessel “Geo Master”. The vessel is currently under construction at Neptune Construction B.V., a shipyard in the Netherlands. Supporting the growing European offshore wind market, the vessel is scheduled for delivery in the first quarter of 2026 and will be put on a long-term time charter to N-Sea Group. Meeting the latest standards in fuel efficiency and emissions and able to run on biofuel, the Geo Master will be a new and important contribution to N-Sea Group’s planned expansion. The ESMI fund focusses on investing in sustainable maritime infrastructure projects and is advised by Elbe Financial Solutions (EFS) Solutions. With this new investment, it has achieved 75% of deployment and is actively preparing the launch of a second vintage ESMI II fund which aims to achieve its first closing mid-2025. The cross-border WFW Assets and Structured Finance team that advised the ESMI fund was led by Paris Partner Alexia Russell, assisted by London Associate Parit Patani. RDJ LLP and TRIP Advocaten Notarissen acted as ESMI fund’s Irish and Dutch legal counsel respectively. Read the full PR: https://lnkd.in/d3yR3HDq #WFW #Maritime #SustainableShipFinance #Eurazeo #MainportShipping

Global floating production company Yinson Production has secured $1 billion investment from new investors in Abu Dhabi, Canada and Asia in what it described as “pre-IPO growth capital”.

The 50-50 joint venture will combine Equinor’s equity interests in Mariner, Rosebank, and Buzzard with Shell’s holdings in Shearwater, Penguins, Gannet, Nelson, Pierce, Jackdaw, Victory, Clair, and Schiehallion. The JV is expected to produce over 140,000 barrels of oil equivalent per day by 2025. A significant factor driving this merger is the tax synergies resulting from recent changes in U.K. fiscal policies, such as the increased windfall tax, which have led several major companies to reconsider investments in North Sea oil and gas projects. In this context, with the U.K. not regarded as a major growth market, this partnership seems strategically sound. By pooling resources, the two companies can maintain growth while reducing their individual focus and capital allocation in the region. This approach aligns with similar moves made recently by companies like Eni in the U.K.

SUBSEA TECHNOLOGY & RENTALS LIMITED has secured STAR Capital as its new majority shareholder! The investment will enable STR to further evolve its equipment and service offering through organic and acquisition-led growth. It will also expand the company’s geographical presence across growing global offshore energy and infrastructure markets, with a new base in Norway set to open early next year. Stephen Steele and Uniti Bhalla comment further on this story here 👇 https://lnkd.in/e-6vxCT9 #growth #acquisition #oilandgas

Warwick Investment Group has strengthened its position in the Eagle Ford Basin through a strategic acquisition, reinforcing its commitment to long-term growth in one of the most prolific oil-producing regions in the United States. The recent transfer of air permits from Recoil Resources Operating Inc. to Warwick Energy Group marks a critical step in integrating newly acquired assets into Warwick’s expanding portfolio. https://lnkd.in/gYA3rthG

Woodside Energy has entered into a definitive agreement to #acquire all issued and outstanding common stock of Tellurian Inc. (NYSE: TELL) including its owned and operated US Gulf Coast Driftwood LNG development opportunity (“Driftwood LNG”). The consideration for the transaction is an all-cash payment of approximately $900 million, or $1.00 per share of outstanding Tellurian common stock. The implied enterprise value is approximately $1,200 million.1 This represents an attractive entry into an opportunity with more than $1 billion of #expenditure incurred to date. Woodside CEO Meg O’Neill said, “The acquisition of Tellurian and its Driftwood LNG development opportunity positions Woodside to be a global LNG powerhouse, It adds a scalable US LNG #development opportunity to our existing approximately 10 Mtpa of equity LNG in #Australia. Having a complementary US position would allow us to better serve customers globally and capture further marketing optimisation opportunities across both the #Atlantic #Pacific Basins. To share your startup story write us on - contact@startuprise.io #Woodsideenergy #Patnership #DriftwoodLNG #Tellurian #news #startup

I Squared Capital, a private equity firm, agreed to acquire Philippine Coastal Storage & Pipeline Corporation, the largest independent import terminal in the Philippines, from private equity firms Keppel Infrastructure Trust (KIT) and Metro Pacific Investments Corporation, in a $460m deal. “Philippines Coastal is an essential infrastructure asset playing a critical role in supporting the growing energy needs of the Philippines. With urbanization and the growing consumption of the rising middle class in the Philippines, fuel demand continues to increase steadily. We see strategic opportunities to expand the asset’s capabilities to support this growing domestic demand and to diversify into the storage of bio-fuels and sustainable aviation fuel," Harsh Agrawal, I Squared Capital Senior Partner. Philippine Coastal Storage & Pipeline Corporation is led by Richard Tiansay and Tricianne Zingapan. I Squared Capital (led by Harsh Agrawal) is advised by Rippledot Capital, Latham & Watkins and Romulo Law Offices. Metro Pacific Investments Corporation (led by Manuel Pangilinan and June Cheryl Cabal-Revilla) is advised by UBS and Milbank LLP. Keppel Infrastructure Trust (KIT) was advised by Standard Chartered (led by Nikhil Joshi). #MergersAcquisitionsDivestitures #PrivateEquity #OilandGas