Velto Renewables is now the sole owner of the Enersol solar portfolio in Andalusia after completing its acquisition.
30 June 2026
Madrid – 30 June 2026 – Equitix has agreed to sell its minority stake in the Enersol solar portfolio in Spain to Velto Renewables, a pan-European IPP backed by La Caisse (formerly CDPQ).
Enersol comprises a portfolio of nine operational solar photovoltaic assets located in Andalucía, southern Spain. With a combined installed capacity of 45 MWp, the assets benefit from long-term regulated revenues under Spain’s renewable energy framework.
Equitix has held its interest in the portfolio since 2018, during which time the business has undergone significant operational optimisation and value enhancement. Active asset management by Velto Renewables has contributed to improved performance.
Lucas de Haro, CEO of Velto, said: “Having partnered successfully with Equitix since 2020, we are pleased to increase our ownership in Enersol. This transaction strengthens our long-term renewable platform in Spain, bringing our operating portfolio in the country to around 500 MW, and reflects our conviction in high-quality assets that can continue to create value over time.”
Achal Bhuwania, Chief Investment Officer at Equitix, said: “This transaction highlights our disciplined approach to investment and active asset management, with a strong focus on value creation across the investment cycle. Since acquiring our stake in Enersol, we have worked closely with partners to optimise performance and enhance returns. As our 19th exit in the last five years, it reinforces our flexible approach to crystallise value from divestments for our long-term funds while leaving the asset well positioned for its next phase of ownership”
Completion is expected in the upcoming weeks, subject to customary conditions.
About Velto Renewables
Velto Renewables is a renewable energy independent power producer with a long-term asset ownership strategy. Established in 2020 and backed by the global investment group La Caisse (formerly CDPQ), Velto Renewables is committed to contributing to the decarbonization of the global economy and the European energy transition by investing in and developing an international and multi-technology portfolio of renewable energy projects. Velto currently owns more than 600 MW of operating solar PV and wind projects in Spain and France, manages a 25% investment in a 630 MW offshore wind farm in the United Kingdom, develops 1+GW of greenfield projects in Iberia, and is seeking to grow its portfolio by becoming a local player in the countries and regions where it invests. For more information, visit veltorenewables.com
For all media enquiries contact info@veltorenewables.com
About Equitix
Equitix is a specialist infrastructure investment manager focused on small to mid-market assets, managing approximately $20 billion on behalf of global institutional investors. Established in 2007, the firm targets European mid-market infrastructure, a structurally under-served segment characterised by strong deal flow and limited capital. Equitix invests across social infrastructure, transport, renewable power, environmental services, network utilities and digital infrastructure, supported by on-the-ground teams across Europe. Through bilateral origination, disciplined underwriting and active asset management, Equitix builds diversified portfolios of essential infrastructure assets with long-term, contracted and inflation-linked cashflows, aiming to deliver stable income and long-term value while advancing the energy transition, enhancing connectivity and supporting sustainable communities.
For all media enquiries contact equitix@teneo.com