Radar > 235395

Ence interested in biomass power generation business in Chile

Ence, interesado en el segmento de generación eléctrica con biomasa en Chile

Intel ID : 235395
Synopsis

Ence (BME:ENC), a Spain-based cellulose manufacturer, is said to be interested in entering the biomass power generation business in Chile, where it already operates in the forestry sector, reported Diario Financiero on 8 April, 2016.

According to the report, Ence may have retained Chile-based financial advisory firm, Larraín Vial, for that purpose. The Spain-based company may be seeking to invest in greenfield generation projects or to acquire biomass power generation plants. It may also be planning to invest USD 730m in setting up four biomass plants in the Andean country.

Ence announced at the end of 2015 its interest in expanding its electrical business to Chile, the report stated. It may have also set its sights in Colombia and India.
(content in spanish)

Ence (BME:ENC), fabricante español de pasta de celulosa para papel, estaría buscando entrar en el segmento de generación eléctrica con biomasa en Chile, donde ya opera en el sector forestal, ha publicado Diario Financiero el 8 de abril de 2016.

Según lo publicado, Ence habría contratado a la firma chilena de asesoramiento financiero, Larraín Vial, con ese fin. La española estaría buscando invertir en proyectos de generación "greenfield" o adquirir centrales de generación eléctrica con biomasa. También estaría planeando invertir USD 730m en la instalación de cuatro plantas de biomasa en el país andino.

Ence había anunciado a fines de 2015 su interés por expandir su negocio eléctrico a Chile, de acuerdo con la información. También habría puesto la mira en Colombia e India.

Bidder

Ence
Spain

Advisors

retained

Intel ID 235395
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Ence
(31 Dec 2023)
Revenue: -
EBITDA: -
Net Debt: -
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Bidder

Name
potential
Subsector (Old TTR Sectors)
Industry / Glass, Ceramic, Paper, Plastics, Wood and Timber (Primary)
Energy and Renewable Energies / Biomass
Primary Sector (TTRSC)
55.04.04 Pulp & Paper Products
55 Raw Materials & Natural Resources / 55.04 Forestry

Secondary Sectors (TTRSC)
35.04.03 Paper & Cardboard Containers & Packaging
35 Industrials / 35.04 Containers & Packaging

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Financial Advisory

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.