Premier Energy PLC, a vertically integrated energy company in Southeastern Europe, has secured €825 million in bridge-to-bond acquisition financing to acquire Evryo Group, including Distributie Energie Oltenia, from Macquarie Asset Management. The financing structure enables the acquisition of the energy assets through a cross-border transaction. The deal demonstrates the continued activity in the European energy sector's consolidation.

The transaction includes a secured €825 million bridge facility agreement and supporting collateral documentation. Greenberg Traurig, LLP advised Premier Energy & Infrastructure on the financing arrangements. The legal team was led by Capital Markets Shareholder Fritz Ernemann and included Banking & Financial Services Shareholder Luke Lado, Finance Senior Associate Nickie Pickernell, Banking & Financial Services Associate Eusebio Lopez, and Real Estate Trainee Solicitor Riccardo Mitchell.

Transaction Details

The acquisition financing involves several key components structured to facilitate the purchase of the Evryo Group assets.

Fritz Ernemann, Capital Markets Shareholder at Greenberg Traurig, stated that the transaction highlights the firm's ability to advise on sophisticated, high-value cross-border financing matters. He noted that the deal reflects the strength of the firm's capital markets and finance offerings in London and internationally.

Premier Energy and Infrastructure Limited has submitted its revised annual results disclosure for the financial year ended March 31, 2026. The filing, made to the BSE, includes the requisite declaration confirming that the statutory auditors have issued an Audit Report with an unmodified opinion on the Standalone and Consolidated Financial Results.

Financial Performance

The company reported a consolidated net loss of ₹109.00 lakh for the year ended March 31, 2026. This marks a decline from the net profit of ₹20.60 lakh recorded in the previous year ended March 31, 2025. For the quarter ended March 31, 2026, the net loss stood at ₹15.38 lakh.

On a standalone basis, the company reported a net loss of ₹53.04 lakh for the financial year 2025-26. In the previous year, the standalone net profit was ₹73.19 lakh. The total income from operations for the consolidated entity was ₹10.36 lakh for the year, down from ₹216.05 lakh in the prior year.

Operational Metrics

The company's total expenses for the consolidated year increased to ₹138.65 lakh from ₹223.76 lakh in the previous year. Finance costs for the year were reported at ₹6.09 lakh, while employee benefit expenses stood at ₹63.55 lakh. The paid-up equity share capital remained constant at ₹4,135.01 lakh.

Key Financial Figures (Consolidated)

Auditor's Opinion

M/s. N. Raghavan & Associates, Chartered Accountants, audited the accompanying standalone and consolidated annual financial results. In their opinion, the statements give a true and fair view of the financial information of the company and the group for the quarter and year ended March 31, 2026, in conformity with applicable accounting standards.

The auditors noted that the financial statements have been prepared on a going concern basis. This assessment considers the support from promoter and associate companies, as well as the company's plans for inorganic growth through mergers or acquisitions, despite current liabilities exceeding net realizable current assets.