Energy company operating in a small-power segment

The company went through a process of bankruptcy and in the process of restoration of its operations, needed to attract financing for repayment of creditors’ claims. Since the company did not have a long history confirming a positive cash flow, it was impossible to attract credit money.

A mezzanine transaction was realized, in which, in exchange of providing bank financing, the shareholders of the bank also received a share in the funded company.

Business: $100M revenue, Ebitda $20M, more than 20 gas turbine thermal power stations with the capacity of 18-36 MWatt.

Deal: $60M for Leverage Buy-Out.

Deal Industry: Energy

Deal Type: Private Equity