Radar > 232030

Isolux Corsán could sell T-Solar to investment firm Bruc Management

Isolux Corsán podria vender su filial T-Solar a la firma de inversión de Bruc Management

Intel ID : 232030
Synopsis

Spain-based Isolux Corsán could be interested in selling its Spanish subsidiary T-Solar to Spanish investment firm Bruc Management, for approximately EUR 135m, as reported by newspaper Expansión on 9 December 2015.

The deal value will have an added amount of EUR 1bn related to company's debt, which Isolux Corsán is refinancing with its creditor.

On the other hand, Isolux Corsán could also be interested in the sale of its Argentinean subsidiary Tecnha to Spain-based TSK. (see related intel)
(content in spanish)

La española Isolux Corsán podría estar interesada en la venta de su filial española T-Solar a la firma de inversión española Bruc Management, por un importe aproximado de EUR 135m, según ha reportado el diario Expansión el 9 de diciembre de 2015.

A la cantidad de EUR 135m habría que sumar una deuda de EUR 1.000m que Isolux Corsán está refinanciando con la banca acreedora.

Por otra parte, Isolux Corsan también podría estar interesada en la venta de su filial argentina Tecna a la española TSK (ver Intel relacionado).

Target

Seller

Spain

Advisors

retained

Intel ID 232030
Value EUR 135,00m (Approx.)
Native Currency Euro (EUR)
Financial Data - Grupo T-Solar
(31 Dec 2020)
Revenue: EUR 152,77m
EBITDA: EUR 111,70m
Net Debt: EUR 2.388,39m
People: 29
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 / Solar (Primary)
Energy and Renewable Energies / Wind
Energy and Renewable Energies / Biomass
Primary Sector (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
20.04.02 Biomass
20 Energy & Utilities / 20.04 Renewable Energy

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 / Solar (Primary)
Primary Sector (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
10.01.02 Consulting & Professional Development Services
10 Business Services / 10.01 Business & Professional Support Services

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Infrastructure / Roads and Highways
Energy and Renewable Energies / Solar
Primary Sector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Secondary Sectors (TTRSC)
20.04.07 Renewable Energy Equipment
20 Energy & Utilities / 20.04 Renewable Energy

35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Financial Advisory

Radar

Date Title Type Intel Grade Country Subsector  

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.