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New Deal


Announced

Pontegadea to acquire a 49% stake in Delta wind farm from Repsol for $280m.

Financials

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Transaction Value£207m
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Spain

Pending

wind farm

Domestic

Minority

Private Equity

Alternative Electricity

Friendly

Acquisition

Private

Single Bidder

Synopsis

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Pontegadea, the family office of Amancio Ortega, agreed to acquire a 49% stake in Delta wind farm from Repsol, a Spanish energy and petrochemical company based in Madrid, for $280m. "This operation, with a solid and reliable partner such as Repsol, is part of Pontegadea’s overall investment strategy and strengthens the environmental commitment that accompanies all the activities in our portfolio, whether in the energy sector, real estate asset management or textile distribution," Roberto Cibeira, Pontegadea CEO.

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