3i mulls over possible GES sale

A 3i spokesperson stated that "all options are open at the moment" regarding the future of the company. However, sources familiar with the situation said the private equity house was hoping to sell the business, in a deal that could reach €500m and attract private equity and corporate buyers.

Formerly known as Gamesa Energía y Servicios, GES was bought by 3i in 2006 as part of a spinoff from Corporación Tecnológica Gamesa. The deal valued GES at €170m.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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