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SPAIN - Gamesa launches fund for the development of eolic energy

  • Angelica Mari
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Renewable energy player Gamesa is set to launch a fund to attract investments for the development and promotion of eolic energy. The new vehicle, named Gamesa Inversiones Energeticas Renovables, has registered at the Comision Nacional del Mercado de Valores (CNMV) and it is currently approaching new potential investors.

The new fund has initial funding of EUR 1.2m. It will use the capital raised in Gamesa Energía (acquired by 3i earlier this year) eolic energy generation complexes and accelerate growth without increasing the company’s debt.
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