Tikehau Capital acquires Spanish biomass assets
Acek Energias Renovables established its biomass business in 2009, focusing on the engineering, construction, operation and maintenance of biomass plants as well as the supply of biomass. The agreement with Tikehau Capital includes the 17MW biomass plant in Garray, Soria, several long-term operation and maintenance contracts in Spain and Portugal and engineering businesses in Puerto de Santa Maria, Cadiz.
Emilio Lopez Carmona, head of the biomass division of Acek Energias Renovables, said: “We share values and commitment with Tikehau Capital to face the challenge of a carbon neutral and sustainable economy. It is a very important step that will release the potential of our organisation to provide integrated solutions in the bioenergy and circular economy sectors in Europe.”
“We are delighted to invest in the biomass assets of Acek Energias Renovables,” said Emmanuel Laillier, head of private equity at Tikehau Capital. “It is crucial that companies which can have a direct impact on the environment today have the necessary means to grow.
“Equity investment, which Tikehau Capital provides, is an effective way to support energy transition actors unlocking entire value chains by giving them the means to develop solutions to drive the decarbonisation of the energy sector.”