Bridgepoint to acquire a majority stake in Windar Renovables.

Bridgepoint, a British private investment company, agreed to acquire a majority stake in Windar Renovables, a global manufacturer of towers and foundations for onshore and offshore wind turbines. Financial terms were not disclosed. "Bridgepoint has followed Windar Renovables’ outstanding journey closely over the last five years and we are delighted to partner with Orlando Alonso and his exceptional team. Windar is a company that is at the forefront of renewable energy development, with a leading position in the manufacture of wind towers and foundations, and ideally positioned for the increasing demand for wind energy, both offshore and onshore. We are very pleased to support the company in its next expansion phase," Héctor Pérez, Bridgepoint Partner.