trending Market Intelligence /marketintelligence/en/news-insights/trending/M9cflsFn1soQG0sK9BrDkw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Carlyle closes EnerMech acquisition

Blog

COVID-19 Impact & Recovery: Energy Outlook for H2 2021

Blog

US utility commissioners: Who they are and how they impact regulation

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Essential Energy Insights, April 2021


Carlyle closes EnerMech acquisition

Alternative asset manager Carlyle Group LP closed its buyout of Aberdeen, U.K-based mechanical and electrical services company EnerMech Ltd. after receiving antitrust and regulatory approvals.

The transaction was backed by Carlyle International Energy Partners LP, Carlyle's $2.5 billion fund focused on the oil-and-gas sector outside North America.

EnerMech named John Kennedy its chairman, while adding Carlyle International Energy managing directors and partners Joost Dröge and Bob Maguire, as well as Philippe Boisseau, as nonexecutive directors. Kennedy is an oil-industry veteran.

Credit Suisse, Lloyds and DNB were the underwriters for the all-senior rated loan financing for the transaction.