Radar > 231958

Gas Natural and Kuwait Investment Authority bid for Pacific Hydro

Gas Natural y Kuwait Investment Authority pujan por Pacific Hydro

Intel ID : 231958
Synopsis

Spain-based Gas Natural (BME: GAS) an Kuwait Investment Office (KIO) could jointly bid to acquire Pacific Hydro, an energy group held by Australia-based IFM Investors, and assets in Brazil and Chile, as published by newspaper Expansión on 4 December 2015.

The bid value could be approximately EUR 1.5bn. US-based AES Corporation and Norway-based Statkraft could also plan to bid.
(content in spanish)

La empresa española Gas Natural (BME: GAS) y Kuwait Investment Office (KIO) podrían estar pujando de forma conjunta por la adquisición de Pacific Hydro, un grupo energético propiedad de IFM Investors con origen en Australia, que además tiene activos en Brasil y Chile, según ha señalado el diario Expansión el 4 de diciembre de 2015.

El valor de la puja, en la que también estarían la estadounidense AES Corporation y la noruega Statkraft, podría ascender a aproximadamente EUR 1.500m.

Target

Seller

IFM Investors
Australia

Advisors

retained
retained

Intel ID 231958
Value EUR 1.500,00m (Approx.)
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

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

Secondary Sectors (TTRSC)
20.03.03 Combined Heat and Power (CHP) Generation
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Bidder

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

Secondary Sectors (TTRSC)
20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Target

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

Seller

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

Country
Website
Description

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.