Pontegadea | The Corner .eu

Pontegadea

Companies, Ibex 22nd July 2026

Renta 4 values Telxius, submarine cable owned by Telefónica and Pontegadea, at 10 times 2025 EBITDA

Both partners have asked JP Morgan and Guggenheim to find a buyer for a business that the market values at around €1,200 million. This figure implies a multiple below the double-digit levels paid for other telecoms infrastructure assets. The discount is thought to stem from exposure to Latin America. Report by Renta 4 Telefónica and Pontegadea are reported to have begun the process of exploring the sale of the submarine…

Companies, Ibex, Spanish economy 24th December 2022

Iberdrola: Pontegadea could enter negotiations to buy a stake in Proyecto Romeo’s renewables; Norges Bank has exclusivity on the deal for 1 month

Bankinter | Norges Bank Investment Management, which manages Norway’s sovereign fund, is in exclusive talks with Ibedrola to buy a stake of up to 49% in a mega portfolio of renewable assets owned by the Spanish utility. The portfolio is called Proyecto Romeo and is valued at 1.2 billion euros. It includes wind and solar projects in different phases of development with a total output of 1.266MW. Of the whole…