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New Deal


Announced

Caixa Capital and CDTI to invest in AlgaEnergy.

Financials

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

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Spain

Domestic

Pending

novels

Private Equity

Acquisition

biotechnology company

Private

Minority

Biotechnology

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Synopsis

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Caixa Capital, a private equity and venture capital fund management company, and CDTI, an investment management company, agreed to invest in AlgaEnergy, a developer of photobioreactor plant. Financial terms were not disclosed. The contribution of the new shareholders will enable AlgaEnergy to increase the capacity of its production facility in Arcos de la Frontera, to further its progress in new international markets and to hasten the development of new applications.

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