Announced
Completed
Financials
Sources
Tags
Spain
renewable energy
Single Bidder
Private Equity
Alternative Fuels
Acquisition
Cross Border
Majority
Private
Infrastructure
Completed
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Synopsis
Allianz Capital Partners, a private equity firm, completed the acquisition of 297 MW photovoltaic energy projects from Grenergy, an independent producer of energy from renewable sources, for €271m. "We are delighted to announce our first major agreement with Allianz Capital Partners, which underscores the trust placed in us by leading companies. We hope that this is the beginning of a future cooperation that can be extended to other markets," David Ruiz de Andrés, Grenergy CEO.
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