Radar > 223740

Abengoa could be negotiating acquisition of Helioenergy Electricidad Uno and Helioenergy Electricidad Dos

Abengoa podría estar negociando la adquisición de Helioenergy Electricidad Uno y Helioenergy Electricidad Dos

Intel ID : 223740
Synopsis

Spanish multinational Abengoa could be negotiating the acquisition of a 50% stake in Helioenergy Electricidad Uno and in Helioenergy Electricidad Dos. The company already controls the remaining 50% of the capital. The two companies own thermosolar plants in Spain.

Initially, these companies were included in E.ON's sale of E.ON España to Macquarie Groupo and to Kuwait Investment Authority (see related transaction). However, E.ON announced sale closure of E.ON España, stating these companies were not transfered. Negotiations could continue in parallel to Abengoa's negotiations.
(content in spanish)

La multinacional española Abengoa podría estar negociando con E.ON la adquisición del 50% de las entidades Helioenergy Electricidad Uno y Helioenergy Electricidad Dos, de las que posee el otro 50%. Ambas empresas son titulares de plantas termosolares en España.

En un primer momento estas entidades fueron incluidas en la operación en la que E.ON vendía E.ON España a Macquarie Groupo y a Kuwait Investment Authority (ver transacción relacionada). Sin embargo, E.ON anunció el cierre de la venta de E.ON España haciendo hincapié en que no se habían traspasado estas sociedades, por lo que aún podrían continuar las negociaciones de forma paralela al proceso de negociación de Abengoa.

Intel ID 223740
Value ND
Native Currency Euro (EUR)
Financial Data - Helioenergy Electricidad Dos
(31 Dec 2021)
Revenue: EUR 25,51m
EBITDA: EUR 18,09m
Net Debt: EUR 399,25m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Technology (Primary)
Services and Distribution / Water and Sanitation
Primary Sector (TTRSC)
20.04.07 Renewable Energy Equipment
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
35.05.05 Industrial Wastewater Treatment
35 Industrials / 35.05 Environment & Waste Management

60.01.03 Telecoms Towers & Infrastructure
60 Telecommunications / 60.01 Telecommunications & Networking Hardware

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Solar (Primary)
Primary Sector (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
20.04.99 Other Renewable Energy
20 Energy & Utilities / 20.04 Renewable Energy

Country
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Solar (Primary)
Primary Sector (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
20.04.99 Other Renewable Energy
20 Energy & Utilities / 20.04 Renewable Energy

Country
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.