Pinsent Masons advises Flogas Ireland on its acquisition of Budget Energy

20 May 2020 | 08:07 pm | 1 min. read

Multinational law firm Pinsent Masons has advised Flogas Ireland, a subsidiary of DCC plc, on its entry into Northern Ireland with the acquisition of Budget Energy.

It marks the largest investment that Flogas has made in Ireland into the growth of its energy business and will enable its expansion into the residential and commercial electricity market in Northern Ireland where it has been operating for over 30 years in the liquefied petroleum gas (LPG) and more recently, the commercial natural gas market.

Budget Energy is one of Northern Ireland's leading electricity suppliers. In recent years it has contracted with a strong portfolio of local renewable energy generation across solar, wind and anaerobic digestion sources. This renewable generation will be a key contributor to Flogas's sustainability strategy. Budget Energy, which trades as BE Energy in the Republic of Ireland (ROI) has over 90,000 customers.

Commenting on the deal, Andrew Kerr said, "A deep rooted understanding of Ireland's highly competitive energy retail sector and increasing regulatory demands enabled us to successfully bring this transaction into fruition.  This is an extremely significant acquisition for Flogas and is closely aligned with its long term strategy to become one of Ireland's leading all-island energy suppliers."

Pinsent Masons advised Flogas on all aspects of the acquisition and was led by Andrew Kerr and Lisa Early with support from Danielle McKeefry, Dorian Rees, Laura McCrea and Craig Patterson.

The deal marks another important milestone in Pinsent Masons' long standing relationship with DCC plc. Last year, the firm advised DCC Vital in its sale of Kent Pharmaceuticals.

Latest press releases

Show me all press releases

Pinsent Masons advises Bestinver Infra and FCR on Irish toll road share purchase deal

Multinational law firm Pinsent Masons has advised Bestinver Infra, FCR, on the acquisition of an interest in N6 (Concession) Holdings Limited and N6 (Operations) Limited from Sacyr Concessions Limited.

Pinsent Masons named Most Innovative Law Firm in Europe 2023 by Financial Times

Multinational law firm Pinsent Masons has been named the Most Innovative Law Firm in Europe and won the Energy & Security Transition category at this year’s FT Innovative Lawyer Awards.

Pinsent Masons named as a top ten family friendly employer by Working Families

Multinational law firm Pinsent Masons has been named as a top ten family friendly employer by the national charity for working parents and carers Working Families.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons named Most Innovative Law Firm in Europe 2023 by Financial Times

Multinational law firm Pinsent Masons has been named the Most Innovative Law Firm in Europe and won the Energy & Security Transition category at this year’s FT Innovative Lawyer Awards.

Pinsent Masons advises BayWa r.e. on partnership to develop solar PV projects across Southeast Asia

Multinational law firm Pinsent Masons has advised global renewable energy developer BayWa r.e. on its partnership with SUSI Partners to develop rooftop solar PV projects across Southeast Asia.

Pinsent Masons hires Corporate Partner Camille Chiari in Paris

Multinational law firm Pinsent Masons has hired Corporate Partner Camille Chiari who joined the firm’s Paris Office.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.