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DWF advises eEnergy Group plc on transactions

Published by
Global Mining Review,

DWF, the global legal business, has advised eEnergy Group plc (formally known as Alexander Mining PLC) on the reverse takeover of Irish incorporated eLight Group Holdings Ltd, the raising of £2 million of new equity, the disposal of the legacy mining technology business and the re-admission to AIM.

The UK and Ireland DWF team is led by Ross Little, Head of Corporate in Ireland, and Jeremy Swift, Newcastle-based Corporate Partner. Together, they have provided legal advice to eEnergy Group plc on the acquisition of e-Light Group Holdings Limited and associated fund raising, re-admission to AIM and the disposal of MetaLeach Limited. Little and Swift were supported by DWF colleagues based in UK and Ireland.

Commenting on the deal, Little said: "We are delighted to have advised eEnergy Group on the acquisition of eLight and an associated fund raising and re-admission to AIM and the disposal of MetaLeach Limited. We look forward to supporting eEnergy to deliver its ambitious growth strategy

Swift commented: "This deal further demonstrates DWF's strength in advising clients with international operations in the energy tech sector. Tech deals have already accounted for over a third of our deals this financial year and we continue to see strong activity in the sector into the New Year."

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