Press release
The $3 billion facility will support Adura’s future growth ambition to provide secure energy for the UK
Adura Energy Limited (Adura) has signed a new seven-year, senior-secured Reserve Based Lending (‘RBL’) facility. This marks Adura’s inaugural syndicated bank facility since it was formed in December 2025.
The RBL facility was heavily oversubscribed, underscoring strong confidence in Adura’s portfolio and long‑term outlook. The Adura syndicate is made up of 18 leading international banks, all of which represent new banking relationships for Adura.
Neil McCulloch, Adura CEO, commented:
“This new RBL facility is a major step forward for Adura. It provides the financial strength and flexibility to deliver on our strategic plan and to continue supplying the UK with secure, reliable energy. We are grateful for the strong support from our lending partners and the excellent work of our advisors in achieving this important milestone.”
Notes to editors:
Deutsche Bank, DNB, First Abu Dhabi Bank, Natixis CIB, and Wells Fargo acted as Structuring & Coordination Banks.
Bracewell LLP acted as counsel to Adura.
Herbert Smith Freehills Kramer LLP acted as lenders’ counsel.
Jefferies International Limited acted as financial advisor to Adura.