Cubico Sustainable Investments and I Squared could be finalists to acquire Grupo T-Solar from Isolux Corsán
Cubico Sustainable Investments y I Squared serían finalistas para adquirir Grupo T-Solar a Isolux Corsán
Intel ID : 238595
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Cubico Sustainable Investments, a UK-based investment branch of Banco Santander (BME:SAN), and US-based private equity fund I Squared may be the finalists to acquire the Spain-based subsidiary of Isoluz Corsán, Grupo T-Solar, for EUR 120m to EUR 130m, reported El Confidencial on 12 July, 2016. According to the report, Isolux Corsán may close the sale before 29 July, 2016, when it must submit before a judge a plan of homologation of a EUR 500m. The bids the of the potential buyers could be very similar.
(content in spanish)
Cubico Sustainable Investments, brazo inversor inglés del Banco Santander (BME: SAN), y el fondo de private equity estadounidense I Squared serían los finalistas para quedarse con la filial española de Isolux Corsán, Grupo T-Solar, por un importe que podría oscilar entre EUR 120m y EUR 130m, según ha reportado El Confidencial el 12 de julio de 2017. Isolux Corsán podría cerrar la venta antes del 29 de julio de 2016, fecha en la que debe presentar ante el juez un plan de homologación de una deuda de EUR 500m. Las ofertas de los dos posibles compradores podrían ser muy similares. |
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| Intel ID | 238595 | |||||||
| Value | EUR 125,00m (Approx.) | |||||||
| Native Currency | Euro (EUR) | |||||||
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Financial Data - Grupo T-Solar
(31 Dec 2020) |
Revenue: EUR 152,77m EBITDA: EUR 111,70m Net Debt: EUR 2.388,39m People: 29 |
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25.01.99 Other Banking & Investment 25 Financial Services / 25.01 Banking & Investment |
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25.01.09 Private Equity 25 Financial Services / 25.01 Banking & Investment |
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20.04.08 Solar Power 20 Energy & Utilities / 20.04 Renewable Energy |
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10.01.02 Consulting & Professional Development Services 10 Business Services / 10.01 Business & Professional Support Services |
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35.03.03 Construction & Engineering (Non Residential) 35 Industrials / 35.03 Construction & Engineering |
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20.04.07 Renewable Energy Equipment 20 Energy & Utilities / 20.04 Renewable Energy 35.03.05 Homebuilders (Residential) 35 Industrials / 35.03 Construction & Engineering 35.09.05 Toll Bridges, Roads & Highways 35 Industrials / 35.09 Transport Infrastructure |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.