US EditionArdian Agrees Deal to Buy Energia in Bet on AI Boom
Energia Group serves nearly 900,000 homes and supplies 17% of Ireland's electricity with Ardian planning to support renewable energy expansion after the £2.5 billion acquisition.
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7 Articles
Ardian to Buy Irish Utility Energia as AI Power Demand Booms
French private investment firm Ardian will buy Irish energy utility Energia Group from infrastructure investor I Squared Capital, as power demand is set to surge with Ireland’s growing digital economy and data centers. Energia “is well positioned to meet Ireland’s increasing demand for secure, low-carbon electricity to sustainably power the country’s growing digital economy,” Ardian said on Monday, announcing the deal. The transaction, expec…
Ardian agrees deal to buy Energia in bet on AI boom
French investment firm Ardian is buying one of Ireland's largest energy utilities Energia Group in a deal that values the firm at more than €2.5 billion, betting on a power supplier poised to serve the surging artificial intelligence industry.
Ardian has announced the signing of a definitive agreement to acquire 100% of Energia Group (“Energy”), one of the largest energy service companies on the island of Ireland, from I Squared Capital (“I Squared”), a global investor specializing in infrastructure. The operation is subject to standard regulatory approvals and is expected to close during the first quarter of 2026. Energia operates along the entire energy value chain in the Republic o…
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