Aggreko's private equity owners are raising $1.15 billion through an add-on to its term loan B due in May 2031. The funds will pay down $395 million of its revolving credit facility, add $205 million in cash, and fund a $550 million dividend payment. The transaction, expected to complete today, is projected to generate $120 million in EBITDA based on $600 million invested for growth capital expenditure in 2026. The dividend reflects strong business performance, with revenues of $3,194 million and adjusted EBITDA of $1,218 million in the 12 months to September 2025. Aggreko's owners said increased investment in fleet and capabilities underpins organic growth, whilst mergers and acquisitions have become a proven growth pillar. Recent acquisitions are performing well with a healthy pipeline of future opportunities.

DLA Piper has advised Aggreko Limited on the acquisition of Krill Generadores, a company specialising in the rental of generator sets