Radar > 242826

Techint seeking another partner to acquire 55% of GSP

Techint buscaría otro socio para adquirir 55% de GSP

Techint está buscando outro sócio para adquirir 55% da GSP

Intel ID : 242826
Synopsis

Techint, an Argentina-based developer of technology for the oil and gas industry, is said to be seeking a partner to acquire 55% of Gasoducto Sur Peruano (GSP) from Brazil-based Odebrecht, reported El Comercio on 23 November 2016, citing sources familiar with the project.

Following the cancellation of the acquisition of GSP by Sempra LNG (see related transaction), Techint may be seeking another partner to be able to acquire 55% of the GSP project before 23 January 2017, the date when, according to the current contract, the closing of the project's financing should occur.

The GSP consortium may also ask the Peruvian government for an extension of the deadline for the closing of the financing of the project.
(content in spanish)

Techint, desarrolladora argentina de tecnología en el área del petróleo y gas, estaría buscando un socio para adquirir el 55% de Gasoducto Sur Peruano (GSP) a la brasileña Odebrecht, según ha informado El Comercio el 23 de noviembre de 2016, citando fuentes cercanas al proyecto.

Tras conocerse la cancelación de la adquisición de GSP por Sempra LNG (ver transacción relacionada), Techint buscaría otro socio para lograr la compra del 55% del proyecto del GSP antes del 23 de enero de 2017, fecha en la que según el contrato vigente, se debería concluir el cierre del financiamiento del mismo.

El consorcio GSP evaluaría también pedir una ampliación de plazo al gobierno peruano para el cierre del financiamiento del proyecto.
(content in portuguese)

A Techint, desenvolvedora argentina de tecnologia na área de petróleo e gás, está procurando um sócio para adquirir o 55% da Gasoduto Sur Peruano (GSP) da brasileira Odebrecht, segundo publicou El Comercio dia 23 de novembro de 2016, citando fontes com conhecimentos no projeto.

Após o cancelamento da aquisição de GSP pela Sempra LNG (ver transação relacionada), a Techint procura outro sócio para comprar 55% do projeto do GSP antes de 23 de janeiro de 2017, data em que, de acordo com o contrato vigente, deve-se concluir o fechamento do financiamento do projeto.

O consórcio GSP também estaria avaliando pedir uma ampliação de prazo para o governo peruano para o fechamento do financiamento do projeto.

Bidder

Techint
Argentina

Seller


Intel ID 242826
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
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Country
Region
Continent
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Subsector (Old TTR Sectors)
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Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Industry / Steel, Metallurgy and Industrial Production (Primary)
Energy and Renewable Energies / Biofuel
Technology and Telecoms / Technology
Primary Sector (TTRSC)
20.02.03 Natural Gas & Hydrogen Utilities
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Secondary Sectors (TTRSC)
20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Target

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

Seller

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Primary Sector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

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

Country
Website
Description

Related Entity

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

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

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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.