Communiqués

Mirabaud acts as sole financial advisor to Nexus Energía in the sale process of equity stake to listed Japanese industrial group Sojitz

Madrid, 13 September 2021 – Mirabaud Advisors Spain has advised Nexus Energía in engaging a partner to acquire a relevant minority equity stake in the Company and provide funds to foster Nexus’ Business Plan.

  • Mirabaud acted as the sole financial advisor to Nexus Energía and structured the deal as a competitive process where industrial players and financial specialised funds were contacted.
  • Following this process, Sojitz, one of the leading energy and industrial Japanese groups, was selected by Nexus to enter into the Company through a capital increase that will be conducted by the end of October.
  • The transaction strengthens further Mirabaud’s position as the advisor of choice in the renewable energy sector.

Nexus Energía, a leading independent electricity and natural gas commercialisation company and market representative to renewable energy generators, has strengthened its equity by incorporating the listed Japanese industrial group, Sojitz.

The deal has been structured as a capital increase in which Sojitz will obtain a significant minority stake in Nexus.

The funds will allow the company to accelerate its business plan and consolidate its leading position in the independent energy commercialisation market.

The investment is the result of a competitive process orchestrated by Mirabaud, which drew interest from industrial groups and financial investors at national and international levels.

Enrique Aguado, Head of Mirabaud Advisors in Spain commented, “It has been a great pleasure to work with the Nexus team on such a strategic transaction. The agreement with Sojitz represents a milestone for both companies and confirms international industrial groups’ interest in the Spanish energy market. Mirabaud has a profound knowledge of this sector and a leading position as specialised financial advisor in both M&A and Capital Markets transactions.”

Nexus Energia’s CEO, Oriol Xalabarder, stated that: “This deal will position Nexus as one of the leading companies in the independent energy commercialisation sector, allowing us to accelerate our growth in the different fields of our business and in the countries in which we operate. We’re excited to take on this project together with a company of such experience as Sojitz. The deal shows their confidence in our roadmap for the coming years.”

Contact

Enrique Aguado

Head of Corporate Finance & Capital Markets

Spain

enrique.aguado(at)mirabaud-msl.com