Reports suggest that Isolux Corsán – a private company whose interests span construction, energy and industrial services – converted its 19% stake in T-Solar into a majority holding through a €120m ($169m) capital increase.
All of Isolux Corsán‘s concession assets – now including T-Solar – will be placed under the aegis of a new company called Isolux Infrastructure.
No price tag was given for the 49% equity sale to Germany's Munich Re and KKR.
