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 IFC on landmark investment in Mongolia’s first ever green bond issuance

Multinational law firm Pinsent Masons has advised International Finance Corporation (IFC) on its investment in Mongolia’s first ever green bond issuance.

Pinsent Masons hires real estate partner in the Middle East

Multinational law firm Pinsent Masons has hired real estate partner, Louisa Lynch, in Dubai.

Pinsent Masons appoints Andy Wright as new pensions partner in Leeds

Multinational law firm Pinsent Masons has hired pensions partner Andy Wright into its Leeds office, taking the size of its pension team to 64.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises IFC on landmark investment in Mongolia’s first ever green bond issuance

Multinational law firm Pinsent Masons has advised International Finance Corporation (IFC) on its investment in Mongolia’s first ever green bond issuance.

Pinsent Masons hires Public Law Partner in Spain

Multinational law firm Pinsent Masons has appointed Amaia Rivas Kortazar to lead its Public Law practice in its Madrid office.

Pinsent Masons hires investor-state arbitration specialist in London

Multinational law firm Pinsent Masons has hired partner Sylvia Tonova to the firm’s International Arbitration Practice.

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.