Pinel Advocates has announced that it has advised Invinity Energy Systems, a global manufacturer of utility-grade energy storage systems, on its successful Scheme of Arrangement.
The Scheme of Arrangement, approved by shareholders and sanctioned by the court, represents a significant milestone for Invinity as it continues its strategic growth and innovation in the renewable energy sector. As part of the Scheme, Invinity de-listed as a Jersey company overnight and then re-listed the next morning via an English company on the London Stock Exchange.
Pinel Advocates provided Jersey legal guidance throughout the process, ensuring compliance with Jersey company law and facilitating a smooth and efficient transaction through two Jersey court hearings. There are only a few Schemes of Arrangement in Jersey each year and this one was the first of 2025.
“We are delighted to have worked alongside Invinity Energy Systems on this important transaction,” said Andrew Pinel (pictured), Partner at Pinel Advocates.
“Our team’s expertise in corporate law and cross-border transactions was instrumental in delivering a successful outcome for Invinity. It was particularly important for us, as we have acted for Invinity for more than 16 years.”