Trilantic to invest $288m in Diana Capital-backed Grupo Gransolar.

Trilantic, a global private equity firm, agreed to invest $288m in Diana Capital-backed Grupo Gransolar, a firm engaged in the design and manufacturing of trackers, a key component in utility-scale solar plants. The transaction is pending customary regulatory approvals. The company is also participating in the development of new projects up to the ready-to-build stage, the construction of new plants, and the development and integration of energy storage solutions. Gransolar is headquartered in Madrid, Spain and has global operations, with a presence in Europe, Australia, North America, South America and Middle East.