2023-06-14

Interogo Holding enters into an agreement to add to its infrastructure portfolio a significant minority position in BRUC’s portfolio of solar PV assets

Interogo Holding has entered into an agreement to add a significant minority investment (49%) in a total of 1,066 megawatts (MW) of operational and under construction solar photovoltaic assets in Spain to its infrastructure portfolio. The portfolio will be co-owned with Spanish renewable energy company BRUC Energy.

“Renewable energy is a core part of our investment strategy, and this transaction offers a high-quality portfolio of solar PV plants in Spain with a capacity of over 1,066 MW and additional potential for hybridization. We are excited to be partnering with BRUC Energy and we look forward to working with them going forward”, says Constantin Dogos-Docovitch, Head of IH Infrastructure Advisors.

The investment is subject to certain regulatory approvals and other customary closing conditions.

About Solar photovoltaic technology
Solar photovoltaic technology converts sunlight into electrical energy. It is a key component of the green energy transition effort and critical in delivering reliable and affordable power.

About the transaction
The significant minority investment, by Interogo Holding infrastructure investment fund Inter Infrastructure Capital (IIC), was advised by IH Infrastructure Advisors AG. The investment is managed by Inter Fund Management S.A.

The investment is subject to certain regulatory approvals and other customary closing conditions.

To read more about the transaction, please see below a link to the press release from BRUC:

https://brucmanagementprojects.com/en/interogo-holding-becomes-an-investor-in-a-portfolio-of-over-1-gw-of-operating-and-under-construction-assets-owned-by-bruc/

About Bruc
BRUC is a renewable energy company in Spain. Currently, its portfolio of solar photovoltaic and wind generation plants totals 8,500 MW, of which over 1,000 MW are already in operation or in an advanced phase of construction. Founded by Juan Béjar, the company's main shareholders are the pension funds OPTrust and USS.
For additional information about Bruc, please visit: https://brucmanagementprojects.com/
About IH Infrastructure Advisors
IH Infrastructure Advisors is the infrastructure investment team of Interogo Holding. IH Infrastructure Advisors targets direct investments, mainly in Europe, across the infrastructure sector. The strategy is to acquire holdings in infrastructure companies that provide essential services to society, are recession resilient and offer downside protection through stable and predictable cash flows.
Interogo Holding’s infrastructure investments are made by its investment fund Inter Infrastructure Capital (IIC), managed by Inter Fund Management, and advised by IH Infrastructure Advisors.
Interogo Holding is a foundation-owned investment group. Investment strategies include private and long-term equity, real estate, infrastructure, and liquid assets. Please read more about Interogo Holding and IH Infrastructure Advisors AG at www.interogoholding.com.