Sale of significant equity stake in a power project
Transaction Size
US$ 100 million
Our Client
Large European utility company with global presence
The Business Situation
- The client is the owner-operator of a 232MW coal fired power plant in South East Asia
- The client owned 89% of the equity in the power plant and sought to divest a significant equity stake as part of its corporate strategy
Our Role
- Prepared the information memorandum along with the review and updation of an existing financial model
- Managed the equity sale process including identification of bidders, control of information flow, bid evaluation, selection and negotiations.
Value Added by IIC
- Helped the client to divest equity stake and achieving objective