Evryo Group Acquired by Premier Energy | Energy M&A Deal

Premier Energy has completed the acquisition of Evryo Group, a utility services business in Romania, for $700 million. Premier Energy acquisitions add electricity distribution capabilities in the southwestern region through Distributie Energie Oltenia, serving about 1.5 million customers across an approximately 80,000-kilometer regulated network. Evryo Power supports distribution operations as a service provider, handling operational, commercial, and administrative functions that enable separation and efficient platform performance. The strategic acquisition is structured as an add on acquisition via 100% ownership of Felix Distribution Holdings and 100% of Evryo Power, with Premier Energy acting as a strategic buyer in energy M&A. Financial advisory is provided by J.P. Morgan, and funding discussions include an advanced potential bond offering.