Radar > 228145

Abengoa to sell assets worth EUR 500m to Abengoa Yield

Abengoa venderá activos a Abengoa Yield valorados en EUR 500m

Intel ID : 228145
Synopsis

Spain-based Abengoa (BME:ABG.P) will sell assets worth EUR 500m to UK-based Abengoa Yield (NASDAQ:ABY) before the end of 1Q16 at the latest, reported Cinco Días on 12 August, 2015, citing company sources.

The transaction entails the continuation of Abengoa’s divestment strategy, under which it has already sold several assets to Abengoa Yield (see related transactions).
(content in spanish)

La compañía española Abengoa (BME: ABG.P) venderá activos valorados en EUR 500m a la británica Abengoa Yield (NASDAQ: ABY) antes de que finalice el primer trimestre de 2016, como muy tarde, según han señalado fuentes de la compañía a Cinco Días el 12 de agosto de 2015.

La operación supone la continuidad de la estrategia de desinversión de Abengoa, que ya ha vendido numerosos activos a Abengoa Yield (ver transacciones relacionadas).

Bidder

Abengoa Yield
United Kingdom

Seller


Intel ID 228145
Value EUR 500,00m
Native Currency Euro (EUR)
Financial Data - Abengoa Yield
(31 Dec 2017)
Revenue: EUR 840,19m
EBITDA: EUR 655,39m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

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

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.