TSK busca 'rating' con Fitch para ir al mercado de bonos
La ingeniería, que gana 45 millones hasta junio, busca socio estratégico en EEUU por la creciente demanda de ciclos combinados para IA. Leer
TSK, the Asturian engineering group, has applied to the rating agencies Fitch to secure a credit rating and expand its financing options in the bond market. The company, led by CEO Joaquín García, reported first-half results showing a 45 million euro profit, a 16-fold increase from the previous year, and a surge in engineering projects fueled by the rising demand for combined-cycle power plants for AI applications.
TSK's sales reached 480.6 million euros in June, a 4% growth, while the EBITDA surged by 54% to 44.5 million euros, boosting the EBITDA margin to 9.3%, a high figure in the industrial engineering sector. The company has secured €94 million in cash reserves and a pipeline of 1,300 million euros in orders and exclusivity deals, with a total business potential of 6,900 million euros.
TSK has also secured 14.9 billion euros in potential opportunities and 1,315 million euros in contracts nearing completion. The company is exploring strategic alliances with local construction firms in the U.S., particularly for the Fermi America's 728 MW open-cycle plant in Texas, and an 800 MW combined-cycle plant in Tel Aviv, Israel, both utilizing GE Vernova technology.
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