Zak Bentley
The government is clamping down on lax security measures employed by operators across the industry.
Six investors are vying for a majority holding in pipeline network operator DEFSA.
The investment firm buys 50% stake from DONG Energy – the second time they have teamed up for such a project.
The debt of the 10.9MW project has been bought following a bond issue by Solaria and is the firm’s second debt deal in the sector this year.
The move is part of Saeta Yield’s plans to expand outside Spain, which forms the bulk of its 1.1GW portfolio.
The pair join forces for a second time to purchase 20% of the energy provider’s Spanish distribution business, amid a wave of transactions in the country’s gas sector.
William Argent joins Gravis Capital Partners from Tilney Group.
The acquisition comes as shareholders also approved a €3.8bn capital increase to aid its offer for Abertis.
The company, formed last year, has 10 assets and is eyeing further expansion across Europe.
The pair have boosted their stakes in the UK’s second-largest onshore wind site following an automatic dilution and have agreed a call option for a further 14.9%.