PARIS, Dec 20 (Reuters) - French funding firm Tikehau Capital reached its first personal fairness d
PARIS, Dec 20 (Reuters) – French funding firm Tikehau Capital reached its first personal fairness deal in Spain with the 81 million euro ($90 million) acquisition of among the property of Acek Energias Renovables.
Tikehau Capital stated on Friday its acquisition of Acek’s biomass property was aimed toward creating a number one European bioenergy firm. The deal is price 81 million euros on an enterprise worth foundation, it added.
“The acquisition is the primary personal fairness transaction made by Tikehau Capital in Spain, representing a major milestone and demonstrating its dedication to speculate on this asset class within the area,” Tikehau stated in a press release.
($1 = 0.8995 euros)
(Reporting by Sudip Kar-Gupta; modifying by David Evans)
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