Vector Renewables, lead advisor in the sale of Kolya Renovables Group’s portfolio to MithraSol
Vector Renewables has provided financial and legal advisory services in the sale of a 7.5MWp portfolio owned by Greenpower Generation (Grupo Kolya Renovables) and acquired by the London company MithraSol.
The portfolio adds up 6 solar PV projects, with a total installed capacity of 7.5MWp and located in Castilla la Mancha (Spain). All the projects are currently under development and two of them are expected to start construction by the end of 2020. The other two will be completed in Q2 2021.
Through its M&A line, Vector Renewables has led this transaction assisting the client in the structuring of the operation, coordinating and supervising the Due Diligence process, providing support in the negotiation of the binding offer and assisting from a commercial-financial point of view during the contracts negotiation. Likewise, through its Legal department, Vector Renewables has provided legal advice in the preparation, among other documents, of the exclusivity letter and leading the review and negotiation of the transaction contracts until their formalization, in particular the sale and purchase contracts.
Kolya Renovables is a company specialized in the development of photovoltaic solar energy projects and based in Madrid and Mexico. Currently, the firm develops a 2,200 MWp portfolio in Spain, Mexico, Australia and the USA.
Vector Renewables has participated as a financial advisor in renewable energy transactions totalling more than 4.6 GW, not only in Spain but also abroad. The firm has been a leading advisor in renewable energy transactions (both on the sale and buy sides). At the same time, Vector Renewables has participated in the financing and refinancing of renewable energy projects worldwide, taking as a competitive advantage its deep knowledge of the entire value chain, as well as his relationship of trust with the most important stakeholders in the sector and his experience in the subsequent management of renewable energy assets.
The company currently manages renewable energy facilities totalling more than 2.9 GW around the world, making it one of the largest third-party portfolios managed by a single company in the renewable energy industry.
VECTOR RENEWABLES firstname.lastname@example.org
KOLYA RENEWABLES email@example.com