AleAnna Energy LLC is a US incorporated oil and gas company with an investment in AleAnna Italia S.p.A, an Italian company with conventional natural gas and renewable natural gas assets in the Po Valley basin. We were appointed by the client to prepare the company for a potential capital markets transaction. The client was considering a range of transaction options in the UK and US. AleAnna Energy subsequently entered into a merger with Swiftmerge Acquisition Corp, a Special Purpose Acquisition Company listed on NASDAQ in the US, in June 2024.
We mobilised a team of capital markets readiness experts and worked seamlessly with the client, based in the US, to deliver our work to help the client maintain optionality for a potential capital markets transaction.
We converted the company’s financial information from US GAAP into IFRS. We performed an IFRS conversion assessment, technical memos, conversion adjustments and prepared the company’s historical financial information for a potential capital markets transaction in the UK.
We also undertook a tax structuring feasibility study to help the client understand the key UK and US tax implications that would impact the company’s decision to enter into a UK capital markets transaction with a UK or US vehicle.
