Harmony Energy Income Trust PLC’s £186.5 Million Initial Public Offering

In UK Fasken Martineau, advised on the matter.

Fasken Martineau advised Harmony Energy Income Trust plc with a team including Laura Bradley (Equity Capital Markets), Guy Winter (Picture – Equity Capital Markets).

Harmony Energy Income Trust PLC completed its Initial Public Offering on the Main Market of London Stock Exchange, raising gross proceeds of £186.5 million through a placing and offer for subscription and issuing c. 23.5 million ordinary shares in connection with the acquisition of a seed portfolio of battery energy storage projects.

Harmony Energy Income Trust plc is an investment company that invests in UK energy storage asset. 

The Fasken team comprised Guy Winter (Picture), Laura Bradley, Chloe Gill-Braun, Yanal Abul Failat, Lolu Koleowu, Lucinda Patrick-Patel and Carlie Marrows.

 

Involved fees earner: Laura Bradley – Fasken Martineau; Yanal Abul Failat – Fasken Martineau; Chloe Gill-Braun – Fasken Martineau; Lolu Koleowo – Fasken Martineau; Lucinda Patrick-Patel – Fasken Martineau; Guy Winter – Fasken Martineau;

Law Firms: Fasken Martineau;

Clients: Harmony Energy Income Trust plc;

Author: Giulia Di Palma