European Energy gains €700M boost in Mitsubishi HC Capital partnership

The successful conclusion of the transaction rests on fulfilling designated conditions, with regulatory nods crucial for an anticipated wrap-up by mid-2024. Image Credit European Energy.

European Energy A/S secures EUR 700 million capital injection, welcoming Mitsubishi HC Capital as a strategic partner. The deal includes Mitsubishi subscribing to 72 million new shares and acquiring 3 million shares from major stakeholders, establishing them as the second-largest shareholder with a 20% stake. Mitsubishi HC Capital will play an active role in value creation and strategic growth, represented on the board. FIH Partners and Kromann Reumert advise on financial and legal aspects.