Opus Corporate Finance LLP

Opus Corporate Finance LLP is pleased to have advised SONAURA, a pioneering provider of renewable energy solutions for industrial power users, on securing a strategic growth investment from Eurazeo’s Smart City Fund. This partnership supports Sonaura’s mission to deliver resilient, cost-effective, and 100% renewable energy across Europe.   Sonaura’s turnkey offsite private wire solutions offer industrial power users a reliable source of green energy with long-term price stability, enhancing energy resilience while meeting rising sustainability demands. This new funding will enable Sonaura to accelerate its expansion, delivering transformative energy solutions that reduce both operational costs and carbon emissions for industrial clients across Europe.   This transaction reinforces Opus’ strong track record in the Energy Transition & Climate Change sector, demonstrating our commitment to driving decarbonisation and enhancing energy efficiency across industries. We’re proud to have supported Sonaura in securing this impactful investment, advancing the future of sustainable energy. For further information, please contact John McElroy and Tom Rahman. Ed Pateman-Jones, CEO and Founder of Sonaura, said: "The Opus team were great to work with, helping us every step of the way turning our business plan into reality, backed by a high-quality investor in Eurazeo."

Opus Corporate Finance LLP is pleased to have advised the shareholders of Pinnacle Group Limited on its sale to The Hyde Group, a prominent housing association in the UK focused on providing affordable homes in London and the South East. Pinnacle is a national provider of housing and community-facing neighbourhood services for mixed tenure housing and community infrastructure, generating approximately £200m in revenue for FY24. With over 30 years of experience, it is a trusted public sector partner, delivering integrated solutions to both new and existing neighbourhoods for central and local government as well as institutional investors. The acquisition supports Hyde’s strategy to become a leading national housing and property services provider while maintaining its charitable purpose. The enlarged group will manage around 120,000 homes and serve approximately 350,000 households, partnering with schools, councils, and emergency services. This landmark deal marks a significant development in the UK housing sector and further highlights the strength of Opus’ Built Environment practice, underscoring our long-term relationship with Pinnacle, particularly following our advice on the sale of Pinnacle Power to DIF, a carve-out of its district heating business. For further information, please contact: Nigel McNelly, Dilesh Patel, CFA and Ethan Hughes.

Opus Corporate Finance LLP is delighted to have advised the shareholders of In2Care , a developer of novel mosquito control products, on its sale to Envu.   In2Care has developed a patented technology called InsecTech®. Applied on netting, the long-lasting static-charged coating can bind all types of biocide powders and transfer lethal doses to mosquitoes. This technology is currently available in a professional mosquito station that thousands of pest control operators are already leveraging in the U.S. to control mosquitoes for homeowner customers.   We are very excited to see the development of the partnership between In2Care and Envu as they work to advance healthy environments by preventing the spread of vector-borne diseases. The transaction is expected to close by the year-end 2024.   Opus previously advised Cinven on their acquisition of Envu, previously Bayer Environmental Sciences, in 2022.   For further information please contact: Chris Carlisle, Daniel Barley

Opus Corporate Finance LLP congratulates the Anaphite team, on their Series A funding round led by World Fund  and Maniv. Energy & Environment Investment and Nesta also joined the round, alongside significant existing shareholders Elbow Beach Capital among others.   The Anaphite team is working to scale their industry-leading technology and address the challenges of dry coating electrodes in the battery production process.   Deployed at scale, the technology can significantly reduce the footprint, cost, and energy demands of EV battery manufacturing, drive down the cost of EVs for consumers, and accelerate their global adoption.    Dominique Houde, Stuart Schofield, Freddie Foster, DPhil

Opus Corporate Finance LLP is pleased to have advised Future Biogas, one of the largest anaerobic digestion (“AD”) plant developers and biogas producers in the UK, on its acquisition of a 51% stake in a portfolio of six operational gas-to-grid AD facilities, with a combined gas output of 333GWh, from JLEN Environmental Assets Group Limited (“JLEN”) for £68.1 million. £30 million will be funded by 3i Infrastructure, with the balance funded by Future Biogas from committed debt facilities. Future Biogas is well-acquainted with these assets, having originally developed five of the six plants and operated each for an average of eight years. As the majority owner, Future Biogas will now have the opportunity to implement investment-led enhancements that the management team has already identified. Since 3i Infrastructure’s investment in Future Biogas in 2023, the company has successfully transitioned from a third-party plant operator to an asset owner and developer, with a pipeline of new sites totalling 1.3TWh. The transaction adds to the strong track record of Opus’ Energy Transition & Climate Change sector practice in relation to Biogas and CCS, following its advice on the sale of Future Biogas to 3i Infrastructure plc last year. This represents another market leading transaction and a further example of Opus’ expertise relating to the energy transition. For further information please contact: John McElroy, Richard Morse and Dilesh Patel, CFA.

Opus Corporate Finance LLP is pleased to have advised Rendesco, the leading clean heat network developer and owner-operator, on its £6m equity investment from Clean Growth Fund, Eurazeo’s Smart City fund and Aviva Ventures. Rendesco works with many of the UK’s leading property developers to design and install low-carbon and low-cost ground source heat networks. The funding will enable Rendesco to rapidly expand its operations and further develop its solutions in the UK and European energy markets. The transaction adds to the strong track record of Opus’ Energy Transition & Climate Change sector practice in relation to decarbonising heat and domestic energy efficiency, following its advice on the sale of district heating developer and contractor Pinnacle Power (now Hemiko) to DIF Capital Partners last year. For further information please contact: Stuart Schofield and Dilesh Patel, CFA.

As the energy transition is taking place at increasing pace, what are the most attractive opportunity areas for growth companies and their innovators? Dominique Houde, partner at Opus Corporate Finance LLP , shares his thoughts on this paper published on EIX | Entrepreneur & Innovation Exchange. Dr Oksana Gerwe  #energytransition #sustainabletransportation #innovation

We are delighted to feature leaders reshaping industries, and scaling their business globally, in our Opus Innovators & Founders Series 

The UK Government will channel £2bn into sustainable transport, aiming to foster a competitive EV battery supply chain. Opus Corporate Finance LLP is pleased to be quoted in the article, in relation to the capital formation implications of the strategy. John McElroy Stuart Schofield Dominique Houde Michael Mizon