GERMANY: Qualitas Energy recruits advisory pair for potential platform sale
Spain-based investor Qualitas Energy is understood to be eyeing the sale of its German renewables development platform, having mandated a pair of financial advisors to run the potential disposal.
The group has been active in the German market for close to a decade and currently owns over 100 onshore wind projects totalling over 3 GW of development pipeline in the country, according to its website.
It has recruited Evercore and Nomura Greentech to evaluate and run the sale of the platform, although the process is yet to launch, sources said.
Qualitas over the course of 2024 started a pair of processes to divest a 100 MW-plus operating onshore wind portfolio which once repowered could have capacity increased to up to circa 400 MW, in addition to a smaller operating portfolio of under 50 MW and a greenfield project pipeline which once either repowered or built out could have a similar amount of installed capacity, but did not ultimately conclude either transaction.
The group is now seemingly looking to incorporate these deals into one larger transaction that could potentially take in its entire German operation, according to four market sources.
Qualitas Energy declined to comment.
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