Nicholas Shaw~~Carol Daniel~~Surya Bala~~Charley Xu~~Margareta Newman~~Michael Mann~~Yash Rupal~~Caleb McConnell
January 24, 2026
Energia Completes €600 Million Senior Secured Notes Offering

1 min
AI-made summary
- Simpson Thacher advised Energia Group ROI FinanceCo DAC on its €600 million offering of 6.875% Senior Secured Notes due 2028 under Rule 144A/Regulation S, which closed on July 31, 2023
- Proceeds, along with existing cash, were used to redeem outstanding 4.75% and 4% Senior Secured Notes due 2024 and 2025, respectively, and to cover transaction costs
- The issuer is a subsidiary of Energia Group Limited, a utility business in Ireland.
Simpson Thacher represented Energia Group ROI FinanceCo DAC (the “Issuer”) in connection with its Rule 144A/ Regulation S offering of €600 million aggregate principal amount of 6.875% Senior Secured Notes due 2028. The transaction closed on July 31, 2023.~~The proceeds from the offering, together with cash on balance sheet were used to redeem the group’s outstanding 4.75% Senior Secured Notes due 2024 and 4% Senior Secured Notes due 2025, jointly issued by Energia Group NI FinanceCo PLC and Energia Group ROI Holdings DAC and to pay transaction costs.~~The Issuer is a wholly owned subsidiary of Energia Group Limited (“Energia”). Energia is a portfolio company of I Squared Capital and is a leading vertically integrated utility business in Northern Ireland and the Republic of Ireland. Energia operates through three business units comprising of renewables, flexible generation and customer solutions.~~The Simpson Thacher team included Nicholas J. Shaw, Carol Daniel, Surya Bala, Alexander Yeagley, Kobi Barkan and Eusebio Lopez (Capital Markets); Charley Xu, Margareta Chlubnova and Toni Prskalo (Credit); Michael E. Mann, Yash Rupal, Caleb McConnell and Daisy Yue Dai (Tax).
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Nicholas Shaw~~Carol Daniel~~Surya Bala~~Charley Xu~~Margareta Newman~~Michael Mann~~Yash Rupal~~Caleb McConnell
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