Buy-side advisory

Advisor to Reganosa in the acquistion of Saltos del Cinca

AZ Capital has acted as exclusive financial advisor to Reganosa on the acquisition of a 99.88% stake in Saltos del Cinca, a hydropower generation platform in Spain previously owned by funds managed by Plenium Partners.

Saltos del Cinca operates the Arias I, Arias II and Ariéstolas plants, with a total installed capacity of 19 MW, and provides operation and maintenance services within the hydropower sector.

Through this transaction, Reganosa continues to diversify its business, strengthens its positioning in the energy transition, and adds renewable assets to its portfolio that complement the projects it is already developing in this area. Furthermore, the incorporation of hydropower generation will enable the integration of a competitive renewable energy source into the group’s energy consumption, enhance its profitability, and expand its technical capabilities and service offering to third parties, both in the domestic and international markets.

Sector: Energy and Utilities