Sound Energy terminated the acquisition of Angus Energy.

Synopsis

Sound Energy, an energy group, terminated the acquisition of Angus Energy, a renewable energy company. Financial terms were not disclosed. “The company is pleased to continue discussions with two actively interested parties for part or all of our licence interest at an asset level,” George Lucan, Angus CEO.

Principals

target

Angus Energy

bidder

Sound Energy

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Market Context

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Seller Team (3)

fergus mellon

Partner at Flagstaff Communications

PR Consultant

target

Deals

£ 14 M

Total Value

tim thompson

Partner at Flagstaff Communications

PR Consultant

target

Deals

£ 73 M

Total Value

george lucan

CEO at ANGUS ENERGY PLC

Manager

target

Deals

£ 14 M

Total Value

Bidder Team (2)

jon fitzpatrick

Director at Gneiss Energy

Financial Advisor

bidder

Deals

£ 284 M

Total Value

paul weidman

Head of Oil & Gas at Gneiss Energy

Financial Advisor

bidder

Deals

£ 284 M

Total Value

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