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Announced

Completed

Sonae Capital-backed Capwatt Power completed the acquisition of a portfolio of six cogeneration plants located in Spain from Ignis Capital.

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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Private

Acquisition

Spain

Cross Border

power plants

Majority

Single Bidder

Alternative Fuels

Friendly

Completed

Private Equity

Synopsis

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Sonae Capital-backed Capwatt Power, an independent power producer, completed the acquisition of a portfolio of six cogeneration plants located in Spain from Ignis Capital. Financial terms were not disclosed. This acquisition is allowing the company to more than double the current installed capacity (which will increase from 77 MW to 165 MW), while allowing Capwatt to reinforce its presence in the Spanish market.

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