Radar > 239686

Abengoa plans asset sale

Abengoa planea venta de activos

Intel ID : 239686
Synopsis

Abengoa (BME:ABG), a Spain-based technology operator in the infrastructure sector, plans to sell assets worth EUR 421m, reported EFE on 16 August 2016, citing Abengoa CEO Joaquín Fernández de Piérola.

Specifically, Abengoa plans to carry out divestments for EUR 285m in 2016 and EUR 136m in 2017, as part of its restructuring plan.

In August 2016, Abengoa reached an agreement with its creditors, banks, and funds for the restructuring and recapitalization of its financial debt (see related intel).
(content in spanish)

Abengoa (BME: ABG), empresa española dedicada a la gestión tecnológica en el sector de infraestructuras, planea la venta de activos valorados en EUR 421m, según ha informado EFE el 16 de agosto de 2016, citando al consejero delegado de Abengoa, Joaquín Fernández de Piérola.

En concreto, Abengoa pretende abordar desinversiones por EUR 285m en 2016 y por EUR 136m en 2017, según el marco de su plan de reestructuración.

En agosto de 2016, Abengoa ha alcanzado un acuerdo con sus acreedores, bancos y fondos, para la reestructuración de su deuda financiera y su recapitalización (ver Intel relacionado).

Seller

Abengoa
Spain

Advisors

retained
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Intel ID 239686
Value ND
Native Currency Euro (EUR)
Financial Data - Abengoa
(31 Dec 2018)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Seller

Name
verified
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

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Website
Description

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Radar

Date Title Type Intel Grade Country 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.