Paul Hastings Advised Lenders on Phoenix Energy Refinancing
Paul Hastings (Europe) LLP advised the lenders and the agent on the refinancing of Phoenix Energy Group Ltd's bank debt facilities.
Phoenix Energy is the largest gas distributor in Northern Ireland covering almost 50% of the population, with a network constructed from low maintenance polyethylene (PE) pipes that are capable of transporting low carbon fuel alternatives including biomethane and hydrogen.
Energy and Infrastructure finance partner Ally McKechnie led the Paul Hastings team, which also included partner Jason Brooks, and associates Hattie Jones, Matt Bastion, Donald Campbell, and Kassia Lewis-DeBoos. Tax advice was provided by partner Michael Ward.
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