Greenvolt takeover by US Fund Kkr. A fair deal?

Detalhes bibliográficos
Autor(a) principal: Garcia, Nuno Miguel Martins
Data de Publicação: 2024
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Texto Completo: http://hdl.handle.net/10362/179330
Resumo: This work project emerges from Kohlberg Kravis Roberts’s (KKR) announcement of its intention to launch a voluntary public offer to acquire a 100% stake, at a price of 8,30€/share of Greenvolt’s equity, a relatively recent Portuguese player in the renewable energy sector with a large portfolio of utility-scale projects spread along different regions (mainly in Portugal, Poland, Romania and the United Kingdom). Using DCF methodology, the valuation was conducted to evaluate whether the price announced falls within a reasonable range. This analysis examined each of the company’s core business sectors separately, i.e., storage, wind and solar utility-scale projects, and biomass power plants, while excluding the less significant business segment of decentralized generation. The findings indicate that, based on the assumptions employed, KKR's offered price is indeed fair.
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spelling Greenvolt takeover by US Fund Kkr. A fair deal?ValuationIPORenewablesGreenvoltTakeoverDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis work project emerges from Kohlberg Kravis Roberts’s (KKR) announcement of its intention to launch a voluntary public offer to acquire a 100% stake, at a price of 8,30€/share of Greenvolt’s equity, a relatively recent Portuguese player in the renewable energy sector with a large portfolio of utility-scale projects spread along different regions (mainly in Portugal, Poland, Romania and the United Kingdom). Using DCF methodology, the valuation was conducted to evaluate whether the price announced falls within a reasonable range. This analysis examined each of the company’s core business sectors separately, i.e., storage, wind and solar utility-scale projects, and biomass power plants, while excluding the less significant business segment of decentralized generation. The findings indicate that, based on the assumptions employed, KKR's offered price is indeed fair.Pinho, Paulo Soares deRUNGarcia, Nuno Miguel Martins2025-02-19T15:27:43Z2024-11-272024-10-302024-11-27T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/179330TID:203867939enginfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2025-02-24T01:50:01Zoai:run.unl.pt:10362/179330Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T20:40:14.653061Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv Greenvolt takeover by US Fund Kkr. A fair deal?
title Greenvolt takeover by US Fund Kkr. A fair deal?
spellingShingle Greenvolt takeover by US Fund Kkr. A fair deal?
Garcia, Nuno Miguel Martins
Valuation
IPO
Renewables
Greenvolt
Takeover
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Greenvolt takeover by US Fund Kkr. A fair deal?
title_full Greenvolt takeover by US Fund Kkr. A fair deal?
title_fullStr Greenvolt takeover by US Fund Kkr. A fair deal?
title_full_unstemmed Greenvolt takeover by US Fund Kkr. A fair deal?
title_sort Greenvolt takeover by US Fund Kkr. A fair deal?
author Garcia, Nuno Miguel Martins
author_facet Garcia, Nuno Miguel Martins
author_role author
dc.contributor.none.fl_str_mv Pinho, Paulo Soares de
RUN
dc.contributor.author.fl_str_mv Garcia, Nuno Miguel Martins
dc.subject.por.fl_str_mv Valuation
IPO
Renewables
Greenvolt
Takeover
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Valuation
IPO
Renewables
Greenvolt
Takeover
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description This work project emerges from Kohlberg Kravis Roberts’s (KKR) announcement of its intention to launch a voluntary public offer to acquire a 100% stake, at a price of 8,30€/share of Greenvolt’s equity, a relatively recent Portuguese player in the renewable energy sector with a large portfolio of utility-scale projects spread along different regions (mainly in Portugal, Poland, Romania and the United Kingdom). Using DCF methodology, the valuation was conducted to evaluate whether the price announced falls within a reasonable range. This analysis examined each of the company’s core business sectors separately, i.e., storage, wind and solar utility-scale projects, and biomass power plants, while excluding the less significant business segment of decentralized generation. The findings indicate that, based on the assumptions employed, KKR's offered price is indeed fair.
publishDate 2024
dc.date.none.fl_str_mv 2024-11-27
2024-10-30
2024-11-27T00:00:00Z
2025-02-19T15:27:43Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/179330
TID:203867939
url http://hdl.handle.net/10362/179330
identifier_str_mv TID:203867939
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language eng
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dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron:RCAAP
instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron_str RCAAP
institution RCAAP
reponame_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
collection Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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