Energy company operating in a low-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. In connection with this, a mezzanine transaction was realized, in which, in exchange for providing bank financing, the shareholders of the bank also receive a share in the funded company.

Business: 3 billion rubles revenue, Ebitda 600 million rubles, more than 20 gas turbine thermal power stations with the capacity of 18-36 MW.

Deal: 2 billion for Leverage Buy-Out.

Deal Industry: Energy

Deal Type: Investment