Cornwall Insight acted as one of the advisors in the $200mn investment by leading independent global investment manager I Squared Capital, in Aurora Utilities Limited. This strategic investment in the Independent Distribution Network Operator (IDNO), grants I Squared Capital a controlling stake in Aurora, positioning them to play a pivotal role in the electrification of the UK.
Cornwall Insight provided comprehensive market analysis, competitor assessments, evaluation of opportunities in the IDNO sector, regulatory insights, a business plan review, and a review of decarbonisation benefits to help facilitated this landmark deal.
The partnership between I Squared Capital and Aurora Utilities Limited underscores a commitment to enhancing the resilience of the UK's energy infrastructure and will see them become a leading player in advancing sustainable energy solutions.
Adam Boorman, Managing Consultant at Cornwall Insight said:
“Cornwall Insight is proud to have worked as important advisors on this transformative deal. With this investment, I Squared Capital is poised to accelerate the development of essential infrastructure critical to the UK's journey towards achieving net zero emissions.
“This partnership marks a significant step towards building a more sustainable energy landscape for the UK, and we look forward to continuing to support initiatives that drive positive change in the industry and help to advance the UK on its journey to net zero.”
