MADRID, 28 (EUROPE PRESS)
Umbrella Solar Investment will debut this Friday in the BME Growth index after closing a capital expansion of 23.7 million prior to the listing, which puts the value of the company at 118.6 million euros.
Sources close to the operation informed Europa Press that a large number of qualified investors attended the private offer and received a good reception, which allowed the volume of the offer to increase by 40% over the initial volume considered.
Bankinter has directed the structure and placement of capital expansion and subsequent ‘listing’ in BME Growth, entity that acts as a liquidity provider and execution agent entity. VGM actua como asesor registrado, Martínez Echevarría como asesor legal de Umbrella Solar Investment, y Ramón y Cajal como asesor legal de Bankinter.
Likewise, the company has also successfully closed an agreement with Incus Capital and the French Rgreen Invest to finance their portfolio of photovoltaic projects in Spain with 148.5 million euros, which add up to 212 megawatts (MW) of power.
The board of directors has set a price of 5.5 euros for the shares, and the funds raised in the capital expansion will be used to boost the company’s national and international growth strategy, as well as to boost the electric self-consumption business. in the residential area.
Umbrella Solar Investment, which has a ‘pipeline’ of photovoltaic projects of more than 785 MW located in Spain, Chile and the United Kingdom, has added that the funds will also allow the company to remain a shareholder of the projects as IPP (Independent Power producer).