Equitix agrees to acquire firmus energy from iCON Infrastructure
Equitix Investment Management has agreed to acquire the firmus energy regulated gas network in Northern Ireland from iCON Infrastructure.
firmus energy, established in 2005, owns and operates a fast-growing, modern, regulated natural gas distribution network in the major towns and cities outside of Greater Belfast in Northern Ireland. The company supplies about 50,000 customers in greater Belfast and a further 40,000 in areas outside the city.
The deal is expected to close by mid-February 2019.
iCON was advised on the sale by Macquarie Capital and Freshfields Bruckhaus Deringer. DC Advisory and Allen & Overy were advisors for Equitix.
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