ENERVENT (owner of a 37Mw wind energy plant)

Value Added

Taking advantage of the current strong interest for operating renewable energy assets in Spain, once the Electric Sector Reform was announced by the Spanish Government in 2013 and the new remuneration regime for the renewable energy industry was established in 2014, NORGESTION organized and managed a wide auction process targeting around 50 potential buyers, both industrial and financial.
Closely working with CATALUNYA CAIXA CAPITAL, we long listed the potential candidates, defined the necessary content for the Offers, coordinated the vendors Due Diligence process, put the shortlisted candidates into competition and helped in the preparation of the legal documents to complete the transaction. All to finally succeed in making our client achieving its divestment goals, both in terms of price, deadline and transparency requirements.