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SPAIN – Sasor acquires 60% of renewable energy player

Francinia
29 May 2008

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Prestige Group, through its private equity arm Sasor, and Grupo Inland have acquired 60% and 40% respectively of engineering firm Abrasolo, in a deal valued at EUR 15m.

Abrasolo specialises in the installation of energy systems powered through renewable sources, in particular photovoltaic and thermal. The Company is planning to develop a portfolio of 10MW in 2008 across projects in Almería, Cáceres and Zamora valued at EUR 60m. The investors plan to maintain the management team.

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