Houlihan Lokey Advises Enzen

Houlihan Lokey is pleased to announce that Enzen Global Ltd. (Enzen) has successfully completed a refinancing of its revolving credit facility and raised additional growth debt financing. The transaction closed on 16 May 2023.

Founded in 2006, Enzen is a leading independent digital transformation and engineering consultant to utilities, governments, and corporates in the key energy and utilities industries: electricity, gas, and water, operating primarily in the UK, Australia, Spain, and Turkey.

The global utility infrastructure has a significant need for network optimisation and modernisation while operating in high-demand and stringent regulatory environments. An increased push towards energy efficiency and renewable energy sources demands a highly technical and skilled approach to engineering, which Enzen is uniquely placed to provide on a holistic basis across consulting, transformation, and capital project implementation.

Demand for power, gas, and water is constantly growing as the population of the planet expands, and the world transitions away from reliance on fossil fuels. Enzen supports large consumers of energy and water by developing commercially successful ways to use renewable resources that deliver transformative advantages for customers.

The successful growth debt financing raise will provide material firepower to position the company to accelerate its growth in existing and new territories.

Houlihan Lokey was appointed to pursue a refinancing of the business to fund future growth. The firm assisted with the due diligence process, the refinancing of the existing debt facilities, and the successful raising of additional growth debt financing while providing overall project management capabilities.