Ardian has announced its acquisition of Energia Group from I Squared Capital for approximately €2.75 billion, positioning itself to leverage Energia's renewable energy projects and expertise in the growing Irish market.

Target Overview

Ardian has entered into an agreement to acquire 100% of Energia Group from US-based infrastructure investor I Squared Capital. The deal values the Irish energy company at approximately €2.75 billion, which includes debt considerations. Upon completion, this acquisition will position Ardian to further expand its footprint in the renewable energy sector.

Founded in 1999 and headquartered in Dublin, Energia is a key player in Ireland's renewable energy landscape. The company operates across the entire energy value chain and serves nearly 900,000 residential and commercial clients, supplying about 17% of Ireland's total electricity and contributing 20% of its wind energy production. Energia is currently developing substantial renewable energy projects, including 657MW of solar capacity and 50MW of onshore wind power, with plans for an additional 1,200MW of solar energy.

Industry Overview in Ireland

The renewable energy sector in Ireland has gained significant momentum in recent years, driven by both government initiatives and increasing consumer demand for sustainable energy solutions. Ireland has set ambi

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Ardian

invested in

Energia Group

in 2025

in a Buyout deal

Disclosed details

Transaction Size: $2,954M

Enterprise Value: $2,954M

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