Flexitricity

Flexitricity

Flexitricity

TRANSACTION SYNOPSIS

  • In September 2020 Alexa Capital acted as sole financial and strategic advisor to Alpiq on the sale of its UK subsidiary Flexitricity
  • The acquisition by Quinbrook Infrastructure enables Flexitricity to accelerate growth opening opportunities for cross-border co-operation in battery storage and Virtual Power Plant (VPP)

ALEXA CAPITAL’S ROLE

  • Alexa Capital advised on detailed preparation & positioning, engagement with buyers at global level, deal structuring, negotiation and project management through completion
  • Our in-depth collaborative advice and relationships among strategics and financial institutions have brought significant value beyond transaction support maximising value for shareholders

WHAT THE TRANSACTION MEANS FOR THE ENERGY SECTOR

  • Flexitricity is the pioneer in demand-side flexibility in the GB electricity market, with over 12 years of operational experience and 540MW of flexible capacity under management
  • The transaction underlines the strategic value of flexibility platforms as key enablers of the energy transition and pathway to a zero-carbon energy market through flexible supply and demand