ENSUL MECI - EFACEC - COGERAÇÃO DO PORTO, A.C.E.
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Special Trade Contractors, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
Filter risk signals by topic
Select a theme below to explore the company’s news mentions in specific risk areas.
Recent Articles about ENSUL MECI - EFACEC - COGERAÇÃO DO PORTO, A.C.E.
Live alerts from global media, monitored by Business Radar
2023-09-12 (dinheirovivo.pt)
Efacec signs contracts worth 25 million euros to optimize the Spanish electricity grid
Portuguese company will contribute to the optimization of the electrical network in the Balearic Islands.
Read more
2023-08-03 (noticiasmaia.com)
Sale of Efacec could cost taxpayers €113 million
The proposal by the German firm Mutares to acquire Efacec foresees a loss for the Portuguese State of at least 112.8 million euros, which had previously been invested in the company. This scenario is the result of an agreement to forgive a debt of almost 182 million euros, with the final decision depending on
Read more
2023-08-03 (aeiou.pt)
After all, they will not be recovered: State loses 113 million with the sale of Efacec
Banks forgive almost all the debt, but the German Mutares proposal implies a total loss of the State's injection into Efacec. They are at least 112.8 million euros. Contradicting the assurances of the holder of the Economy portfolio, António Costa Silva, who said he had “great expectations” that the value of the
Read more
2023-08-03 (dinheirovivo.pt)
Sale of Efacec costs at least 112.8 million to the State
Mutares' proposal implies a total debt forgiveness of almost 182 million euros, when considering, in addition to the State, banks and bondholders.
Read more
2023-07-14 (jornaleconomico.pt)
Banking agreement with Efacec decided on August 7
Mutares proposes to inject 15 million euros into Efacec. The agreement with the bank is conditional on the outcome of the Bondholders' Meeting on August 7th.
Read more
2023-07-05 (noticiasmaia.com)
Efacec's recovery plan proposes forgiveness of 50% of the debt
Efacec's relaunch plan, led by Mutares, provides for a 50% cut in the debt of 58 million euros contracted by the company in 2019, through a bond loan. This proposal will have to be submitted to the bondholders for approval at a meeting. According to the Jornal de
Read more
2023-07-05 (expresso.pt)
Mutares' plan for Efacec provides for a 50% pardon on a €58 million loan
The plan to recover Efacec provides for a 50% cut in the repayment of a bond loan issued in 2019, advances this Wednesday the “Jornal de Negócios”. If bondholders do not approve, the process may have to go back to the beginning
Read more
2023-07-05 (dinheirovivo.pt)
Mutares wants a 50% debt cut to recover Efacec
Spanish fund will have to negotiate with creditors. At issue is a five-year bond loan of 58 million, contracted in 2019
Read more
2023-06-15 (dinheirovivo.pt)
Efacec: Guarantees of 85 million euros were not triggered and "we hope they are not"
The State injected 132 million euros into Efacec, to which must be added another 85 million euros in guarantees. António Costa Silva had already mentioned having "great expectations" that this amount can be recovered
Read more
2023-06-07 (observador.pt)
Efacec will be sold to the Mutares investment fund
German fund will hold more than 71% of the company. Furthermore, António Pires de Lima agrees with Pedro Nuno Santos and João Leão, in the compensation paid to the former TAP chairman in the amount of 55 million euros.
Read more
2023-06-07 (dnoticias.pt)
State invested 132 million euros plus 85 million euros in guarantees
The State injected 132 million euros into Efacec, to which are added another 85 million euros in guarantees, announced the Minister of Economy, after the choice of Mutares' proposal for the privatization of the company was known.
Read more
2023-06-07 (dinheirovivo.pt)
Efacec: State invested 132 million plus 85 million euros in guarantees
The State injected 132 million euros into Efacec, to which are added another 85 million euros in guarantees, announced the Minister of Economy.
Read more