Latham Advising ECP and its Consortium on Recommended Offer of £5.75 Billion for DCC Energy plc

Latham & Watkins is representing Energy Capital Partners (ECP) and the consortium comprising ECP and KKR on its proposed recommended take-private acquisition of DCC Energy plc, a multi-energy sales and distribution business. The transaction values DCC Energy at approximately £5.75 billion.

DCC Energy serves millions of customers across the commercial and industrial, public, and domestic sectors, delivering mainly off-grid energy solutions, led by liquid gas, and operating service stations and fleet services.

The Latham team was led by London corporate partners Doug Abernethy and David Walker, with associates Nick Fisher, Stephanie Aitken, and Katherine Hall. Advice on regulatory matters was provided by partners Philipp Studt, Jonathan Parker and Ludmilla Le Grand, with associates Edd Rarity, James Mathieson, Milo Noone, and Nayantara Mukerji; on employment and benefits matters by partner Kendall Burnett, with counsel Kate Crompton; on tax matters by partner Helen Lethaby, with associate Rikesh Gandhi; and on hedging matters by partner Delyth Hughes, with associate Airlia Hie.

The proposed acquisition of DCC Energy plc is the latest in a series of high-profile take-privates on which the firm has advised in London.