Completion of acquisition

RNS Number : 0127W
VH Global Sustainable Energy Oppt.
20 April 2021
 

VH Global Sustainable Energy Opportunities plc (the "Company")

20 April 2021

 

VH Global Sustainable Energy Opportunities completes $61m acquisition of Texas terminal storage sites

 

VH Global Sustainable Energy Opportunities plc ("GSEO") - a London-listed investment company advised by Victory Hill Capital Advisors LLP - is pleased to announce the completion of its acquisition of 100% of the equity interests in two operating terminal storage sites on the Texas Gulf Coast for a total purchase price of $61mn. 

The acquisition was first announced upon signing of the purchase agreement on 6 April 2021 and the completion marks GSEO's first investment since its IPO just over two months ago.  

 

www.vh-gseo.com

 

The Company's LEI is 213800RFHAOF372UU580.

 

For further information, please contact:

Quill Communications Limited (PR Adviser)

Sarah Gibbons-Cook

 

Tel: + 44 (0)20 7466 5050 / +44 (0)77 6964 8806

 

 

 

Numis Securities Limited (Sponsor & Bookrunner)

David Benda / Matt Goss / Tod Davis

 

Tel: +44 (0)20 7260 1000

 

 

 

G10 Capital Limited (AIFM)

Mohammed Rahman / Paul Cowland

Tel: + 44 (0)20 3696 1302

 

 

Apex Fund and Corporate Services (UK) Limited

Anthony Lee

Company Secretary

 

Tel: +44 7435 829323

 

 

About Victory Hill Capital Advisors LLP

Victory Hill Capital Advisers LLP is the investment-focused subsidiary of Victory Hill Capital Group LLP. Victory Hill Capital Advisors LLP (FRN 938594) is an Appointed Representative of G10 Capital Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 648953).

Victory Hill is based in London and was founded in May 2020 by an experienced team of energy financiers that have spun-out of a large established global project finance banking group. The team have an established track record built over six years while working together in their previous roles and participating in over $37.1bn in sustainable energy project transaction values, generating over 24.2 per cent. equity returns. In addition, the team has also participated in more than $200bn in transaction values across 91 conventional and renewable energy-related transactions in over 30 jurisdictions worldwide, throughout their individual careers. The average experience per individual is 21 years of relevant energy finance experience.  Victory Hill Capital Advisors LLP is the investment adviser entity of the Victory Hill group.

The Victory Hill team deploys its experience across different financial disciplines in order to holistically assess investments from multiple points of view. The firm pursues operational stability and well-designed corporate governance to generate sustainable positive returns for investors. It focuses on supporting and accelerating the Energy Transition and the attainment of the UN Sustainable Development Goals.

VHCA is a signatory of the United Nations Principles for Responsible Investing (UN PRI), the United Nations Global Compact (UN GC) and is a formal supporter of the Financial Stability Board's Task-Force on Climate-related Disclosures (TFCD).

 

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