Pinsent Masons advises Intelligent Energy on IPO

14 Jul 2014 | 01:20 pm |

International law firm Pinsent Masons has advised Intelligent Energy on its initial public offering (IPO) raising a total of £55 million.

The deal, thought to be London's biggest pure technology flotation in five years, values the green power company at $1.1bn (£639 million). Intelligent Energy intends to use the funds raised to pursue international expansion plans.

Corporate partners Rob Hutchings, Louise Wolfson and senior associate James Broadhurst led a Pinsent Masons team advising on the transaction.

Commenting on the deal, Rob Hutchings, said:
"The flotation represents a significant milestone for Intelligent Energy. It provides the funding needed to embark on ambitious growth plans as the company enters the next stage of its development.

"We are delighted to have assisted our client on a deal which is critical for their business and also demonstrates an appetite for innovative clean tech investments in the UK market."

Intelligent Energy is a longstanding client for Pinsent Masons. In 2013, the firm advised the company on its £30 million convertible loan note issuance and earlier this year advised on its issue of warrants.

Chief financial officer at Intelligent Energy, John Maguire, said: "We very much enjoyed working with the Pinsent Masons team, who in turn worked closely with ours to help us reach this important milestone in Intelligent Energy's development."

Latest press releases

Show me all press releases

Increase in average prison sentence length for tax evasion - now over two and a half years

There was a 10% rise in the average prison sentence length for tax evasion last year jumping to 2 years 7 months*, up from 2 years 5 months, says Pinsent Masons, the international law firm.

More Mindful Business Charter signings on World Mental Health Day

On World Mental Health day and, one year since the launch of the Mindful Business Charter (MBC), 17 more organisations are adopting the Charter's pledge to change avoidable working practices that can affect mental health and wellbeing.

Pinsent Masons ranked as a Top 75 employer for social mobility

International law firm Pinsent Masons has retained its ranking as one of the top 75 employers in the Social Mobility Employer Index 2019.

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