Private equity house Catalana d'Iniciatives has taken a participation of 25% in Bioenergética Extremeña for EUR 10.5m. The remaining stake was split between the Hinojosa-Vacas, Bigeriego and Espinosa de los Monteros families, which have diluted their existing stakes and re-invested in the company. Bioenergética Extremeña is undertaking the construction of the largest biodiesel plant in Spain. The plant will have a production capacity of of 250,000 tonnes of biodiesel and it is likely to be ready by the end of 2007.
Deal is Recover's 23rd acquisition since it was established six years ago, and the third since being acquired by EQT
Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant
Corporate venture arm Shell Ventures leads the round for the IoT energy systems software platform
GP invests in the company via Wisequity V, which closed on its €260m hard-cap in July 2019