08/12/2023
Client Overview
Founded in 1988, Fasttel Engenharia executes works in the energy and transmission segment, carrying out projects in substations and transmission lines. With operations in more than 20 states in Brazil and 30 years of experience, it has reached the mark of 2,000 km of transmission lines, up to 750 kV, completed and about 50 substations built.
Transaction Overview
Kalpa-Taru Power do Brasil Participações Ltda. has signed an agreement to acquire a 51% stake in Fasttel Engenharia Ltda in Brazil.
This acquisition is in line with the buyer's strategy to strengthen its core EPC business and have a greater geographic presence in stable and growing markets.
Redirection acted as exclusive advisor to Fasttel during the process.