Radar > 235698

Elecnor seeks partners for wind subsidiary

Elecnor podría buscar socios para su filial eólica

Intel ID : 235698
Synopsis

Elecnor (BME: ENO), a Spanish engineering group, could be considering a large investment fund as partner for its renewable energy division Enerfin, as published by newspaper Expansión on 16 April 2016, citing market sources.

Elecnor could take months to find candidates and replicate the scheme it used two years ago, with its electricity networks and other infrastructure. (see related transaction)

Due to Enerfin's size, this deal could reach EUR 500m.
(content in spanish)

Elecnor (BME: ENO), grupo de ingeniería español, podría estar sondeando la entrada de un gran fondo de inversión en su división de renovables Enerfin, según ha publicado el diario Expansión el 16 de abril de 2016, basándose en fuentes del sector.

Elecnor podría llevar meses sondeando candidatos para replicar el esquema que empleó hace dos años con sus activos de redes eléctricas y otras infraestructuras (ver transacción relacionada).

Dado el tamaño de Enerfin, la operación podría alcanzar los EUR 500m.

Target

Seller


Intel ID 235698
Value EUR 500,00m (Approx.)
Native Currency Euro (EUR)
Financial Data - Enerfín
(31 Dec 2023)
Revenue: EUR 207,72m
EBITDA: EUR 125,83m
Net Debt: EUR 538,71m
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 / Wind (Primary)
Energy and Renewable Energies / Solar
Energy and Renewable Energies / Electric
Primary Sector (TTRSC)
20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
10.01.99 Other Business & Professional Support Services
10 Business Services / 10.01 Business & Professional Support Services

20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Consultancy, Audit and Engineering (Primary)
Energy and Renewable Energies / Electric
Energy and Renewable Energies / Solar
Primary Sector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Secondary Sectors (TTRSC)
20.02.03 Natural Gas & Hydrogen Utilities
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

20.03.05 Electric Utilities
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

20.04.02 Biomass
20 Energy & Utilities / 20.04 Renewable Energy

20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

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.