Gala Capital becomes CESA sharehold

The investment fund, Gala Capital, has acquired 7.5% of Corporacion Eolica Sociedad Anonima (CESA) for E24m. The minority stake belonged to ex-manager Guascor Alvaro Martua. Mercapital, Bridgepoint and Juan Luis Arregui, ex-president of Gamesa, control the remaining 92.5% of CESA. Gala Capital is an investment vehicle backed by the Hungarian magnate George Soros and managed by Carlos Tejera and Jaime Bergel.

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• Southern Europe