DWF logo

Search

DWF logo

            DWF advises eEnergy Group plc on transactions

            DWF, the global legal business, has advised eEnergy Group plc (formally known as Alexander Mining PLC) on the reverse takeover of Irish incorporated eLight Group Holdings Ltd, the raising of £2 million of new equity, the disposal of the legacy mining technology business and the re-admission to AIM. 

            Date: 09/01/2020

            The UK and Ireland DWF team, led by Ross Little, head of corporate in Ireland, and Newcastle based corporate partner, Jeremy Swift, together provided legal advice to Energy Efficiency as a Service business, eEnergy Group plc on the acquisition of e-Light Group Holdings Limited and associated fund raising, re-admission to AIM and the disposal of MetaLeach Limited. 

            Ross and Jeremy were supported by DWF colleagues based in UK and Ireland. They included: Jemil Visram, Edon Byrnes, Ruairi MacCumhaill, Andrea McGurn, Alison Martin, Eilidh Durkin, Siobhan Cameron, Katy Thomson, Ruairidh Morrison and Stephen Cairns. 

            Commenting on the deal, Ross Little said: "We are delighted to have advised eEnergy Group on the acquisition of eLight and an associated fund raising and re-admission to AIM and the disposal of MetaLeach Limited. We look forward to supporting eEnergy deliver its ambitious growth strategy

            Jeremy Swift further commented: "This deal further demonstrates DWF's strength in advising clients with international operations in the energy tech sector. Tech deals have already accounted for over a third of our deals this financial year and we continue to see strong activity in the sector into the New Year."

            Nigel Burton, non-executive director of Alexander Mining and eEnergy Group said: "DWF have been very professional and provided great counsel to us through this complex transaction. We now look forward to the next chapter of our business as eEnergy Group plc."

            Ric Williams, CFO of eLight and eEnergy going forwards: "This was a complex transaction and I am grateful for the support of the DWF team, led by Ross and Jeremy.  The dedication and professionalism of the whole DWF team was critical to seeing this deal through to completion so effectively and I felt the whole team understood that although eLight was the “target” it was the eLight team that would be running the business after the RTO. As a result we all benefited from their advice and experience."
             

            Related people

            We use cookies to give you the best user experience on our website. Please let us know if you accept our use of cookies.

            Learn More

            Your Privacy

            When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. We mainly use this information to ensure the site works as you expect it to, and to learn how we can improve the experience in the future. The information does not usually directly identify you, but it can give you a more personalised web experience.
            Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change permissions. However, blocking some types of cookies may prevent certain site functionality from working as expected

            Functional cookies

            (Required)

            These cookies let you use the website and are required for the website to function as expected.

            These cookies are required

            Tracking cookies

            Anonymous cookies that help us understand the performance of our website and how we can improve the website experience for our users. Some of these may be set by third parties we trust, such as Google Analytics.

            They may also be used to personalise your experience on our website by remembering your preferences and settings.

            Marketing cookies

            These cookies are used to improve and personalise your experience with our brands. We may use these cookies to show adverts for our products, or measure the performance of our adverts.