Radar > 243059

JZ International wants to accelerate sale of Factor Energía

JZ International quiere acelerar la venta de Factor Energía

Intel ID : 243059
Synopsis

JZ International, a UK-based investment fund, wants to accelerate the sale of 65% of Factor Energía, a Spain-based power supplier, in a transaction that has been pending for at least two years (see related intel), reported Reuters on 1 December 2016.

According to the report, Cinven, CVC, and Apax may potentially be the funds interested in replacing JZ International as the majority shareholder of the power company.

To promote the sale, JZ International is said to have retained France-based bank Natixis in order to find a buyer.
(content in spanish)

JZ International, fondo de inversión británico, quiere acelerar la venta del 65% de Factor Energía, proveedor español de energía eléctrica, en una operación pendiente desde hace al menos dos años (ver intel relacionado), según ha informado Reuters el 1 de diciembre de 2016.

Según lo publicado, Cinven, CVC o Apax Partners serían los posibles fondos interesados en sustituir a JZ International como socio mayoritario de la compañía eléctrica.

Para impulsar esta venta, JZ International habría contratado al banco francés Natixis con el objetivo de buscar un comprador.

Bidder

Target

Seller

United Kingdom

Advisors

prospect

Intel ID 243059
Value ND
Native Currency Euro (EUR)
Financial Data - Factorenergía
(31 Dec 2021)
Revenue: EUR 640,63m
Net Debt: EUR 326,07m
People: 272
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)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

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

Country
Website
Description

Bidder

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

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.01.01 Energy Traders & Brokers
20 Energy & Utilities / 20.01 Energy Services

Country
Website
Description

Seller

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

Country
Website
Description

Financial Advisory

Radar

Date Title Type Intel Grade Country Subsector  
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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.