Tynagh Energy

Back

Situational Analysis

    Sale of Gama Construction 40% interest in Tynagh Energy Limited, a 400 MW gas-fired CCGT power plant. The Tynagh power plant is one of the most technologically advanced and efficient power plants in Ireland, commencing operations in March 2006 (construction started in March 2004).

     

    GAMA’s intention was to decrease ownership in Tynagh from 80% to the 40% level by bringing in a high quality investment partner once construction was completed. This was fully achieved by attracting General Electric, a global leader in energy investing and financing into partnership.

     

Fieldstone Role

 

    Fieldstone acted as a financial advisor to Gama Construction Ireland Ltd. during the entire valuation, sale and auction process..