Radar > 242643

EDP - Energias de Portugal selling stake in Portgás

EDP - Energias de Portugal estaria vendendo sua participação na Portgás

Intel ID : 242643
Synopsis

EDP - Energias de Portugal (Euronext Lisbon: EDP), a Lisbon-based electricity company, would be selling its 97% stake in Portgás, reported Jornal Economico, on 18 November, 2016.

According to the news, EDP would have hired Millennium BCP and BBVA to set up the sale. The non-binding offers should be done until December 2016. International investment funds and other entities specialized in the energy sector, whose names were not disclosed, are interested in the acquisition.

Portgas holds the natural gas distribution concession in 29 cities in the north of Portugal. In November 2015, the company was valued at EUR 168m.
(content in portuguese)

A EDP - Energias de Portugal (Euronext Lisboa:EDP), empresa com sede em Lisboa, que se dedica ao setor de eletricidade, estaria vendendo sua participação de 97% na Portgás, segundo publicou o Jornal Econômico no dia 18 de novembro de 2016.

Segundo a notícia, a EDP teria contratado o Millennium BCP e o BBVA para montarem a operação de venda. As ofertas não-vinculativas deverão ser entregues em dezembro de 2016. Já há interessados na corrida, entre os quais fundos de investimento internacionais e outras entidades especializadas no sector energético, cujos nomes não foram revelados.

A Portgas é a empresa que detém a concessão de distribuição de gás natural em 29 municípios do Norte de Portugal, Em Novembro de 2015, a empresa estava avaliada em cerca de EUR 168m.

Seller

EDP - Energias de Portugal
Portugal

Advisors

prospect
prospect

Intel ID 242643
Value ND
Native Currency Euro (EUR)
Financial Data - EDP Gás Distribuição
(31 Dec 2022)
Revenue: -
EBITDA: -
Net Debt: -
People: 63
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

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

Seller

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

Secondary Sectors (TTRSC)
35.07.09 Lighting, Electrical Equipment & Supplies
35 Industrials / 35.07 Manufacturing

Country
Website
Description

Financial Advisory

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.