AlixPartners acts as lead financial advisors on Restructuring Plans for Enzen Global Limited

London (28 March 2025) – AlixPartners, the global consulting firm, today announces that it has advised Enzen Global Limited and Enzen Limited (“Enzen”), a global consultancy business providing support to the water and energy sectors, on the sanctioning of its Part 26A Restructuring Plans. 

The Restructuring Plans included a number of new concepts:

•    HMRC voting in favour: For the first time, HMRC, who were secondary preferential and unsecured creditors, voted in favour of the Plans. This represented a policy change where they will now fully participate in Restructuring Plans where it is necessary and desirable for them to do so. 

•    Bar date for opposition: Another novel feature of the Plans was the Court provided clear deadlines for submission of challenges and any evidence. This provided much needed certainty to all stakeholders on the restructuring timetable. Furthermore, it enabled the Plan Companies and its advisors to deal with queries and challenges expediently with clarity on the level of opposition it would receive in between the convening and sanction hearings.

•    Compromising unknown liabilities: The Plans sought to comprise both financial and operational claims, including those where the liability had not yet crystallised, such as ongoing litigation against the Plan Companies. 

This deal with Enzen was led by Senior Partner Ben Browne, Partner Richard Harrison and Director Marcus Fletcher.  

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About AlixPartners

AlixPartners is a results-driven global consulting firm that specializes in helping businesses successfully capitalize on opportunity and address critical challenges. Our clients include companies, corporate boards, law firms, investment banks, private equity firms, and others. Founded in 1981, AlixPartners is headquartered in New York and has offices in more than 20 cities around the world. For more information, visit https://www.alixpartners.com.

About Enzen 
 
Enzen is a global knowledge practice with more than 200 consultants providing consulting, technology, engineering, management and innovation services to leading businesses, governments, non-governmental organisations and not-for-profits. 

Enzen’s customers are involved throughout the energy and water sector, including municipalities, public and private organisations involved in the development of smart cities and renewables, project developers, energy generators, energy networks, pipeline owners, distribution companies, energy retailers, utilities (including each sector of the utilities industry from generation, transmission, distribution and retail to metering, operations and consumption), the industrial sector, manufacturing and the commercial sector.