Projets clients

Erova

In an evolving energy marketplace there is plenty of opportunity to disrupt the status quo. The recently reformed Irish energy market and changing dynamics in the UK electricity sector has created opportunities for new entrants to trade power and introduce new balancing management products and services.

JLL helped Erova Energy, an independent energy trading and services company based in Dublin, secure a funding agreement with Mitsui & Co. Ltd in a deal that helped accelerate the company’s growth plans.

Client challenge

Established in 2015, Erova Energy has grown rapidly, with success built on active operational trading and precise management of imbalance positions from interconnector strategies. JLL was asked to identify a strategic investment partner to support their ambition of expanding their trading and managed services business internationally.

See the world differently

Using our global investor network, we were able to identify and select a range of suitable partners for Erova Energy. The result was a successful partnership with Mitsui & Co. Ltd, one of the most diversified and comprehensive trading, investment and service enterprises in the world.

Ambition achieved

Our experienced team efficiently concluded the transaction with Mitsui & Co. Ltd. This has enabled Erova Energy to achieve its ambition to provide, across multiple markets, distributed generators and businesses with the same energy market access opportunities as traditional power plants.