Urgent.News

What's breaking now, across thousands of outlets.

Business

Qualitas seals historic renewable energy purchase from Macquarie

The Spanish platform, which has managed renewable energy investments from families such as Abelló and Fluxá, reaches its largest asset purchase agreement to date with the Australian giant.

Translated from Spanish Read in Spanish

Qualitas seals historic renewable energy purchase from Macquarie

Qualitas Energy, a Spanish company specializing in renewable energy projects, has reached an agreement with Australian financial giant Macquarie Group to acquire Cero Generation, a European green energy platform. Cero Generation has a 5.8 GW portfolio across the UK, Italy, and Spain, including over 2 GW of operational, construction, or ready-to-build assets and 3.8 GW of projects in development.

The deal, valued at over €1 billion, marks Qualitas Energy's largest asset purchase to date and will expand its presence in three markets. Qualitas Energy, which has invested over €14,000 million in green energy since 2006, plans to invest a record €10,000 million between 2024 and 2029.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

More from Monday 7 September →