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TSK seeks rating with Fitch to go to the bond market

La ingeniería, que gana 45 millones hasta junio, busca socio estratégico en EEUU por la creciente demanda de ciclos combinados para IA. Leer

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TSK seeks rating with Fitch to go to the bond market

TSK, an engineering company, has reported a profit of 45 million euros for the first six months of the year, 16 times more than the same period last year. The company, which debuted on the Spanish stock market on May 13, has seen its shares rise by over 20%. TSK is seeking a strategic partner in the US to capitalize on growing demand for combined cycle power plants for artificial intelligence.

The company has a portfolio of projects worth 1,300 million euros and agreements worth 5,600 million euros, and is in talks with several US construction companies to form a long-term alliance. TSK's CEO, Joaquín García, aims to obtain a credit rating from Fitch to increase financing options.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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