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Tristan Capital Partners completed the formation of joint venture with Acciona in a €100m deal.

Financials

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Transaction Value£89m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Majority

Single Bidder

Acquisition

Toll Roads

Private Equity

infrastructure

Joint Venture

Spain

Private

Completed

Friendly

Domestic

Synopsis

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Tristan Capital Partners completed the formation of joint venture with Acciona, a Spanish conglomerate dedicated to the development and management of infrastructure and renewable energy, in a €100m deal. “The area north of Diagonal stands to benefit from various regeneration projects, including the construction of Sagrera train station, the conversion of Plaça de les Glòries Catalanes into an urban park and the street transformation of Pere IV and Cristóbal de Moura. Selva de Mar is one of the few projects currently under construction and we believe it will be well positioned to capture the growing tenant demand in 22@,” Nikolay Velev, Tristan Capital Partners Executive Director.

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