Ignacio Gutiérrez-Orrantia

Ignacio Gutiérrez-Orrantia is Director of the European Energy&Power Investment Banking team for Merrill Lynch. He joined Merrill Lynch in 2002 from Goldman Sachs where he previously worked. His extensive and outstanding banking experience comprises mergers, acquisitions, privatisation advisory services, and financing mainly for Energy&Power clients but also in several other sectors. Ignacio also covers Energy & Power clients in the Iberian region for Merrill Lynch. Some of the most notable transactions in the energy and power sector in which Ignacio has been involved are Pemex recent exchangeable bond into Repsol, Spanish utilities' electricity tariff deficit (Euro1.5bnb), advisory to Ministry of Finance in recent Portuguese spin-off of galp assets, the sale of Unión Fenosa's Dominican Republic distribution assets, sale of 28% stake of electric utilities in REE, the Repsol YPF's partial divestiture of stake in Gas Natural, privatisation of Enagás in 1996 and its IPO in 2002, the Iberdrola's convertible bond into Repsol YPF's shares, the Unión Fenosa's sale of 25% stake in Unión Fenosa Generation to National Power in 1998 and the subsequent buy-back from International Power in 2001, the Unión Fenosa's failed tender offer for Hidrocantábrico, the Endesa's acquisition of Enersis and consecutive Enersis' acquisition of Endesa-Chile, the Endesa's tender offer for Fecsa and Sevillana de Electricidad, the EDP's privatisation, the Repsol's two-stage acquisition of YPF and previously also worked on Repsol's several partial privatisations between 1996 and 1997 Outside the energy sector, Ignacio has also been involved in major transactions including the IPO of Terra, the merger of CTC-Startel in Chile, the Allied Domecq's tender offer for Bodegas y Bebidas, the creation of Realia and the acquisition of 25% stake in Telefónica Internacional Ignacio holds a Degree in Business Administration from the University of Deusto. He is married and father of two children