DCC Energy in £5.75 Billion Recommended Acquisition by Energy Capital Partners and KKR

Cleary Gottlieb is advising long-standing FTSE 100 client DCC Energy plc on the recommended acquisition by an indirect subsidiary wholly owned by funds and investment vehicles advised by Energy Capital Partners Management LP and its affiliates and funds and investment vehicles advised by Kohlberg Kravis Roberts & Co. L.P. and its affiliates, to be implemented by means of a scheme of arrangement.

The terms of the transaction value the entire issued and to be issued share capital of DCC Energy plc at approximately £5.75 billion.

The proposed transaction is subject to shareholder approval and receipt of customary regulatory approvals, and is expected to complete in the first quarter of 2027.

For more information, please see the press release.

The Cleary public M&A team is led by partner Nick Rumsby and includes associates Julian Ried and Emmett Saigal. Counsel Melissa Reid is advising on employment and incentives matters. Partner John Messent and associate Kate Blocksidge are advising on antitrust and FDI matters.