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New Deal


Announced

Completed

Wren House Infrastructure and Kuwait Investment Authority completed the acquisition of a 12% stake in Zorlu Enerji and a majority stake in ZES for $100m.

Financials

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Transaction Value£93m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Turkey

Friendly

Cross Border

Acquisition

Integrated Oil and Gas

Netherlands

Private

Private Equity

Completed

Majority

natural gas distribution

Synopsis

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Wren House Infrastructure, a London-based captive global infrastructure investment manager, and Kuwait Investment Authority, a sovereign wealth fund, completed the acquisition of a 12% stake in Zorlu Enerji, a natural gas distribution company, and a majority stake in ZES, a renewable energy semiconductor manufacturing company, for $100m.

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