M&AReal EstateSIGNED
Acciona to complete Breogán Park works for 45 million euros
Value
€45M
Acquirer
Pelayo Capital
Target
Breogán Park works
Acciona will finalize the construction works for Breogán Park, a commercial complex, for a fixed price of 45 million euros. The contract was awarded by Pelayo Capital, the project's developer.
✦ Meridian Analysis
This is a construction contract, which can be seen as a form of project financing or a significant capital expenditure for Pelayo Capital. The fixed-price nature of the contract provides certainty for both parties involved.
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