Energia’s owner ‘plans to sell it later this year’ in deal worth €2bn

Irish Times | Aug 13, 2020 at 7:16 AM
  • US investor I Squared Capital hopes to sell Irish energy group Energia later this year in a deal worth €2 billion.
  • The power group earmarked €600 million for new wind farms, built a plant to convert waste to energy and was also weighing plans to produce hydrogen.
  • In the 12 months to March 31st, Energia Group generated earnings before interest, tax, depreciation and amortisation of €157.2 million, and had net debt of €714.3 million at that time.