panorama

Green Arrow Capital Invests Over €400 Million In Renewable Energy Production In Spain 

0
Green Arrow Capital SGR, an Italian independent alternative asset managers, is further consolidating its leadership in renewables with an investment in Spain aimed at consolidating its presence abroad. The Group has announced that it has signed a framework agreement through the Green Arrow Infrastructure of the Future Fund with Progressum Energy Developments  aimed at acquiring ready-to-build solar PV plants in Spain with an overall expected capacity of 508 MW and a total value of over €400 million. GAIF is the new infrastructure fund, managed by Green Arrow Capital, launched at the beginning of 2021.
Green Arrow Capital Invests Over €400 Million In Renewable Energy Production In Spain 
Pixabay

Following this transaction, the pipeline acquired by GAIF during 2021, consisting of photovoltaic, wind and hydroelectric plants in operation, under construction and ready-to-build, now exceeds 800 MW. In addition to projects in biomethane production, storage/EV charging infrastructure and 5G towers. 

Daniele Camponeschi, the founder of Green Arrow Capital and CIO said, “This acquisition in Spain is the first major international transaction aimed at consolidating GAIF's positioning abroad. This investment will provide the fund with a significant initial presence in the Spanish market. Our goal is to make further strides towards becoming a key player in energy transition and to expand our strategy of integrating the value chain of the renewable sector internationally. It is this investment strategy that sets GAIF apart from its competitors. In this regard, we are pleased to announce that, in partnership with E-GAP, the fund's activities regarding storage and EV charging infrastructure will soon be launched in Spain, France and Germany (starting from Madrid, Paris and Munich respectively)”.

For Green Arrow Capital SGR, the operation was overseen by Daniele Camponeschi,together with Giulio Barendson and Federico Giannetti.

In Spain, the Green Arrow Capital team received legal advice from Watson Farley Williams (specifically, the lawyers María Pilar García Guijarro, Enrique Thomas de Carranza, Javier Ester and Jaime Salazar Arrancudiaga) and support from the technical consultancy firm Altermia (David Saori).

For Progressum Energy Developments,the operation was supervised by the firm’s CEO, Marco Antonio Macias Rodriguez, and legal counsel, Marta Van den Bergh.

Add a comment
¡Suscríbete!
Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).