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.
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.
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