CEPSA is a privately owned Spanish, fully integrated energy company
Initial Commitment (06/30/2020) € 100 M
Capital Invested (06/30/2020) € 93 M
Sienna Capital Remaining Commitment (06/30/2020) € 10 M
4 % Share in Sienna Capital’s portfolio (06/30/2020)
 
Profile

The company operates in many European countries (headquartered and mainly operated in Spain) as well as globally. CEPSA is involved in activities across the full supply chain of energy production, from exploration and production to refining and selling the product through their petrol stations. The investment is one of The Carlyle Group’s largest buyouts and is invested across multiple funds.

Stake value (06/30/2020) € 84 M
Investment case

Sienna Capital committed USD 110 million alongside the Carlyle Group into CEPSA and USD 55 million into their second energy fund, CIEP II.