JUNE, 15 2021
Univergy chooses Lazard to search for a strategic partner to promote their projects
Univergy Solar is committed to finding a partner that enhances its resources and long-term growth
Madrid, Tokyo, June 15th, 2021. – The Spanish-Japanese group Univergy Solar has selected Lazard Financial Advisors to search for a strategic partner that will allow it to implement its strategic plan and drive the growth of its clean energy projects worldwide.
Ignacio Blanco, President and CEO of Univergy, stated: “Due to the exponential growth we have experienced in recent years, we are looking for a partner that will enable the sustainable growth of the Company as well as the stable financing of our projects. Lazard brings together the knowledge and experience in the renewable energy sector on this type of corporate operations, and I am confident that it will help us choose the best option for our shareholders.”
Founded in 2012 and with its main offices in Madrid and Tokyo, Univergy Solar is a group of companies specialized in renewable energy, specifically the development, construction and operation of solar and wind projects, including storage and green hydrogen solutions.
As a leading company with a strong track record and international presence, it is established in 16 countries and manages a portfolio of solar and wind projects under development that reaches 10.9 GW.
The Company wants to continue growing and is pursuing a vertical integration down the value chain, from project development to plant operation, in line with one of the pillars of its strategic plan to 2025.
Univergy has a team of more than 135 highly specialized professionals and a management team with a solid track record and more than 20 years of international experience in the renewable sector.
Since its commencement, the Company has positioned as a benchmark in the sector, and proof of this are the long-term agreements it has with Macquarie, with whom it owns a 50% development platform, Nara Solar, for the markets of Spain, France and Holland, which has a portfolio of solar photovoltaic projects of more than 2.5 GW. The signing of another Joint Venture between Macquarie and Univergy for the Japanese market, Hinode Energy, was recently announced. It started with an initial 200 MW portfolio in Japan.
About Univergy Solar
UNIVERGY Solar is a Hispanic-Japanese group with headquarters in Tokyo and Madrid, specializing in the development, construction and operation of renewable energy projects, and an international presence in more than 16 countries. It has more than 20 years of experience in developing renewable energy projects internationally, managing a portfolio under development of more than 10. 9 GW in more than 400 projects.