We acted as buy-side technical advisor to Macquarie Capital in connection with its investment in Chiron Energy, aimed at establishing the Chiron Energy Power Generation joint venture for the development, construction and operation of renewable energy plants and energy storage systems in Italy. The transaction involves the creation of a platform owned 51% by Chiron Energy and 49% by Macquarie Capital, with the aim of developing and building at least 1 GW of new photovoltaic capacity and 500 MW of battery energy storage systems.
Client profile
Macquarie Capital is a global adviser and investor. They offer a unique set of capabilities that allow them to invest their own capital, finance and develop projects, support business growth, advise clients and provide insights across 22 markets around the world.
As a partner to companies, institutions and governments, they combine these capabilities with deep sector expertise to connect ideas to capital and help unlock long-term growth, drive innovation and create a real-world impact in their communities.
Vector’s role and team involved
As part of the transaction, our team supported Macquarie Capital through technical due diligence on the portfolio, assisting the investor in assessing the technical, permitting and energy yield assumptions, as well as the key aspects related to the construction and operational phases of the plants.
Transactions of this nature require an increasingly in-depth and independent level of technical analysis. Our role is to support investors in understanding the risks and opportunities associated with the assets, helping to create the conditions for sound and informed investment decisions. We are proud to have supported Macquarie Capital in a transaction focused on the development of new renewable capacity in Italy.
The transaction confirms the central role of independent technical advisory services in investment processes within the renewable energy sector, particularly in a market characterized by increasing technical, regulatory and market complexity.