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New Deal


Announced

Completed

AP Moller Capital completed the acquisition of Iberafrica from Naturgy.

Financials

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

Tags

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Cross Border

Majority

power plant

Acquisition

Single Bidder

power producer

Oil: Crude Producers

Kenya

Friendly

Private Equity

Completed

Private

Synopsis

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AP Moller Capital, a firm that manages stand-alone funds to invest in infrastructure in emerging markets, completed the acquisition of Iberafrica, a thermal power plant, from Naturgy, a multinational group in the energy sector. Financial terms were not disclosed. “Kenya is one of our focus countries with its sizeable, growing, and well diversified economy as well as its strategic location in East Africa. The transaction represents A.P. Moller Capital’s first investment in Kenya, where we are planning to be an active long term partner in the energy transformation, creating employment and driving foreign investments to advance the national development and growth agenda," Lars Reno Jakobsen, AP Moller Capital Senior Partner.

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