RPC advises EnergyPathways Ltd on its admission to AIM

International law firm RPC has advised EnergyPathways Ltd (EnergyPathways) on the reverse takeover (RTO) by Dial Square Investments Plc (to be renamed Energy Pathways Plc), a special purpose acquisition vehicle, and the admission of the enlarged group's issued and to be issued share capital to the AIM market.

EnergyPathways is a UK-focused integrated energy transition company that owns the rights to Marram, a small gas field in the Irish Sea. Its Marram Gas Project Field has the potential to be integrated with regional low emission energy projects including, offshore wind generation, hydrogen hub developments and nearby carbon capture, use and storage (CCUS) projects.

The deal was led by Corporate Partner James Channo, with support from Associate Rachel Stanley.

Commenting on the transaction, James Channo, said: "EnergyPathways' desire to leverage its position and build a balanced portfolio of Irish Sea-based assets, an area with significant opportunities for low emission gas development and storage, makes an attractive proposition for investors and the UK's move to net zero and greater energy security.  We enjoyed guiding the management team through the process– and we look forward to seeing what the future holds for EnergyPathways."

You can read the EnergyPathway announcement here.