A Philip Lee team, led by corporate partners Eoghan Doyle and Inez Cullen, has advised the sellers on the sale of Alternative Energy Ireland to DCC plc.
DCC plc is an international sales, marketing, and support services group, based in Dublin. It operates through three divisions: energy, healthcare and technology. DCC was founded by Jim Flavin in 1976 and was listed on the Dublin and London stock exchange in 1994. The group is led by CEO Donal Murphy. In FY Mar 23 the business reported turnover of c. £22.2bn, which converted to EBITDA of c. £800.1m.
Alternative Energy Ireland (‘AEI’) is a Dublin-based renewable energy specialist. The company’s services range from single technology installations to full energy audits and bespoke multi-solution installation. AEI was founded in 2007 by Steven Bray and currently employs c. 20 people.