McCann FitzGerald advises I Squared Capital on its acquisition of Viridian

We acted for I Squared Capital, a global infrastructure investment manager, on its recent acquisition of Irish power company Viridian and its gas and wind generation portfolio in a deal reported as valued at €1 billion (£788m US$1.1bn). The US group's debut infrastructure fund, ISQ Global Infrastructure Fund, will acquire the business from Bahrain-based private equity house Arcapita in an all-cash transaction.

The acquisition is expected to complete during Q2 2016.