Budget Energy has been acquired by Flogas (DCC plc)
The owner of Budget Energy has sold the company to Flogas (DCC plc).
Budget Energy is the leading independent supplier of pre-pay and bill-pay electricity in Northern Ireland. The company was established in 2010 and serves circa 90,000 customers on the island of Ireland.
A DCC subsidiary, Flogas supplies natural gas, LPG and electricity to customers across the island of Ireland. DCC plc is a leading Irish multinational with interests in LPG, retail and oil, healthcare and technology.
Oaklins’ team in Ireland advised the seller in this transaction.
Talk to the deal team
Managing DirectorDublin, Ireland
Senior AssociateDublin, Ireland
Simtel Team has raised US$3.5 million through an equity private placement on BSE
Simtel Team (SMTL), a Romanian engineering and technology company, has raised US$3.5 million through a private placement of shares on the ATS Market of Bucharest Stock Exchange. The offer was closed on the first day, being oversubscribed three times, with the investors placing orders for a total value of US$10.4 million. Following the successful conclusion of the private placement, the anticipated capitalization of the company is approximately US$22 million.Learn more
Po Valley Energy (ASX:PVE) has raised funds
Po Valley Energy Limited (ASX:PVE) has completed a placement and underwritten accelerated non-renouncement entitlement offer.Learn more
The founders of Simtel Team have sold a 5% stake to Dedeman (Paval Holding)
The founders of Simtel Team have sold a 5% stake in the company to Dedeman (Paval Holding).Learn more