M&A Deal Summary |
|
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Date | 1999-08-17 |
Target | Turner Construction |
Sector | Construction |
Buyer(s) | HOCHTIEF Offshore Development Solutions S.à r.l. |
Deal Type | Add-on Acquisition |
Deal Value | 263M USD |
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Category | Company |
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Sector | Energy Services and Equipment |
HOCHTIEF Offshore Development Solutions S.à.r.l. (“HTODS”) for the development of offshore wind farms. The two partners each hold a 50 percent interest in the company. The joint venture focuses on the acquisition and development of wind farm concessions as well as capitalization on the resulting value growth by selling the wind park concessions before construction begins.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Construction) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (New York) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (1999) | 1 of 1 |
Size (of disclosed) | 1 of 1 |