Global Portfolio Investments, S. L. managed by Indumenta Pueri, S.L. acquired a 5.8% stake in Audax Renovables, S.A. from Electrica Nuriel S.L. for €56.2 million.
January 10, 2021
Share
Global Portfolio Investments, S. L. managed by Indumenta Pueri, S.L. acquired a 5.8% stake in Audax Renovables, S.A. (BME:ADX) from Electrica Nuriel S.L. for €56.2 million on January 11, 2021. Under the terms of the transaction, Global Portfolio Investments will acquire the shares at €2.2 per share. Upon completion, Electrica Nuriel will now hold 70% stake in Audax.
Global Portfolio Investments, S. L. managed by Indumenta Pueri, S.L. completed the acquisition of a 5.8% stake in Audax Renovables, S.A. (BME:ADX) from Electrica Nuriel S.L. on January 11, 2021.
Audax Renovables SA, formerly Fersa Energias Renovables SA, is a Spain-based holding company that is primarily involved in the promotion and development of renewable energy projects. The Company generates electricity from renewable sources, such as wind energy and to lesser extent solar energy. The Companyâs installed power in Spain is 139.3 Megawatt (MW), and in France is 12 MW, as well as the Company has two wind farms operating in India, Gadaj and Hanumanhati, with total installed capacity of 81.6 MW. The Company operates through its subsidiaries in Spain, France and India, which include Eolica El Pedregoso SL, Eolica del Pino SL, Parque Eolica Hinojal SL, Gestora Fotovoltaica de Castellon SL and Parc Eolic Mudefer SL, Eolinnes de Beausemblant SAS, Generacion Eolica India Limited and EN Renewable Energy Limited.
Global Portfolio Investments, S. L. managed by Indumenta Pueri, S.L. acquired a 5.8% stake in Audax Renovables, S.A. from Electrica Nuriel S.L. for €56.2 million.
AUDAX RENOVABLES, S.A. 
