Madrid - Alantra, the independent global mid-market investment banking, asset management and portfolio advisory firm, has advised Acek Renewables, an industrial group that operates within the renewable energy sector, on the sale of Gestamp Biomass, a fully integrated Spanish IPP focused on the engineering, development, operation and maintenance of Biomass power plants, to Tikehau's T2 Energy Transition Fund.

Since 2005, ACEK Renewables, an entity of Gestamp Group, has positioned itself as an international leader within the renewable energy sector, using a unique and integrated business model encompassing the entire value chain, from the manufacture and supply of components to the development, construction, maintenance and operation of wind, solar and biomass energy projects.

Gestamp Biomass is a division of ACEK Renewables dedicated to the development, promotion, construction and operation of Electric Generation Power Plants from Biomass. The Company develops its strategy of vertical integration in the market of biomass-based electricity generation on innovation, oriented to energy efficiency, flexibility in the use of fuels and maximizing availability. Gestamp Biomass has developed over 100 MW of Biomass production plants.

Tikehau's T2 Energy Transition Fund, a strategic partnership between Tikehau and Total supported by Bpifrance and Groupama as anchor investors, aims at helping medium-sized energy transition companies in Europe with their development, transformation and global expansion.

By Yago SánchezDecember 23, 2019Corporate News, Press Releases

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Alantra Partners SA published this content on 23 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 December 2019 16:10:03 UTC