Radar > 242166

Equatorial Energia and BTG Pactual acquiring Abengoa

Equatorial Energia e BTG Pactual preparam oferta final para aquisição dos ativos da Abengoa

Intel ID : 242166
Synopsis

Equatorial Energia (BVMF:EQTL3), Brazil-based energy company, and the infraestructure fund managed by BTG Pactual prepare the final offer to acquire assets of Spain-based technology company Abengoa (BME: ABG), reported Valor Econômico on 31 October, 2016.

According to Valor Economico's sources, the companies State Grid, Taesa and Brookfield have also made their offers, but Equatorial and BTG Pactual offer is considered one of the most competitive, although it must be below Abengoa's debts, which may exceed BRL 3.2 bi. Abengoa has filed for bankruptcy protection in January.
(content in portuguese)

A Equatorial Energia (BVMF:EQTL3), proprietária das distribuidoras de energia do Maranhão e Pará, e o fundo de participações dedicado à infraestrutura gerido pelo BTG Pactual preparam oferta final pelos ativos de transmissão da espanhola Abengoa (BME: ABG), de acordo com publicação do Valor Econômico em 31 de outubro de 2016.

Segundo fontes do Valor Econômico, as empresas State Grid, Taesa e Brookfield também já fizeram ofertas, mas apenas pelos ativos operacionais. A oferta da Equatorial e do BTG Pactual é considerada uma das mais competitivas, mas deve ficar abaixo da soma dos débitos da Abengoa. A multinacional espanhola entrou com pedido de recuperação judicial em janeiro e os compromissos em revisão ultrapassam BRL 3,2bi.

Intel ID 242166
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Equatorial Energia
(31 Dec 2024)
Revenue: EUR 7.082,24m
EBITDA: EUR 1.689,40m
Net Debt: EUR 6.679,88m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.03.05 Electric Utilities
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Secondary Sectors (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Seller

Name
potential
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

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.