Deal Announcement

DC Advisory advised Adven on the acquisition of E.ON Värme Lokala Energilösningar Aktiebolag

01 Dec 2017

EVLE owns and operates well established district heating operations across nine municipalities where it is the sole provider of district heating services in Southern and Central Sweden

DC Advisory (DC) was engaged by Adven to provide M&A and debt advice on the acquisition of EVLE from E.O

DC has an in-depth understanding of the district heating sector in Europe, having previously advised on the acquisition of Coriance (France) in 2016, Adven (operating across Finland, Sweden and Estonia) in 2015 and Fortum Norway in 2014

DC ensured all M&A workstreams were successfully completed within a challenging timeframe

DC also delivered a smooth debt process, amending the current Adven debt facilities to allow for the acquisition to be made and partially debt finance

On 4 December 2017 E.ON and Adven announced the sale of EVLE

DC previously advised AMP Capital and Infracapital on the successful acquisition of Adven in 2015

Deal Team

Neale Marvin

Managing Director
United Kingdom