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Announced

Completed

TNB completed the acquisition of a 30% stake in Gama Enerji for $243m.

Financials

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Transaction Value£167m
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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water conveyance

electricity generation

Alternative Electricity

Turkey

Minority

Private

Completed

Friendly

Single Bidder

Acquisition

Cross Border

Private Equity

Synopsis

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Tenaga Nasional Berhad, a Malaysian multinational electricity company, completed the acquisition of a 30% stake in Gama Enerji, which engages in building, financing and investing in energy and water utility infrastructure, for $243m.

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