Qualitas-backed Q-Energy, a provider of investment management services, completed the acquisition of Torresol Energy, a developer of renewable and alternative energy, from Sener, a private engineering and technology group, and Masdar, a renewable energy and sustainable urban development company, for €400m ($466m). "The fact that the buyer of Torresol Energy is Q-Energy, a Spanish company of reference in the sector, represents the best guarantee for the continuity of the operation of the plants and equipment. Torresol Energy has managed to achieve excellent levels of operation at its three facilities. We were pioneers in commercially launching a plant like Gemasolar, the first of its technology to provide clean energy 24 hours a day, which was possible thanks to our previous shareholders Sener and Masdar, to whom we are very grateful for their support over the last few years," Enrique Sendagorta, Torresol Energy President.