Mirabaud Advisors acts for investors in sale of photovoltaic plant to Spanish fund Plenium Partners
Enrique Aguado, Head of Mirabaud Advisors in Spain commented, “For this deal, Mirabaud Advisors designed a bespoke structure to promote the stabilisation of the asset’s revenue, which maximized the selling conditions for the vendor. This is another successful transaction that consolidates Mirabaud’s position as one of the leading advisors in the renewable sector, an area of strategic interest to us, not only in purchase and sale operations, but also in financing and capital markets.
This transaction exemplifies the intense interest that large institutional funds and renewable specialists have in Spanish renewable assets. This interest tied with the aggressive financing conditions fostered an optimum sale price for Mirabaud’s client.”
Mr. Descalzo, the sellers’ representative added, “Mirabaud has provided us with a comprehensive and excellent advisory. From the structuring of the opportunity to the negotiation with the buyers and other involved parties. Thanks to their advice we were able to achieve very good sale conditions and a very attractive price.”
Mirabaud Advisors acted as financial advisor to the sellers during the transaction, structuring and organising a competitive process directed to a carefully selected group of candidates. Investors’ appetite for this type of asset, together with the operation’s beneficial structure enabled Mirabaud to maximise the selling conditions for the client.
Head of Corporate Finance & Capital Markets