MADRID, 12 (EUROPA PRESS)

Tikehau Capital, a global manager of alternative assets, has announced the acquisition, together with the management team, of 100% equity capital of Isotrol, a company specializing in the development of proprietary software solutions for the renewable energy sector in Spain, according to notifying managers in a statement.

This acquisition is in line with the manager’s energy transition strategy. With around 1,000 million euros of assets under management, the company’s goal is the development, transformation and international expansion of medium-sized companies focused on clean energy generation, low-carbon mobility and energy efficiency. .

Founded in 1984 in Seville, Isotrol has developed solutions that seek to increase the productivity and efficiency of generating assets in real time. Today, the solution operates in nearly 2,100 renewable power plants globally and monitors nearly 130 gigawatts (GW) in 45 countries.

The business currently employs 400 professionals through its offices in Spain, United States, United Kingdom, Canada, Brazil, Mexico and Chile. The international presence has grown significantly in the last 10 years under the leadership of Beltrán Calvo and the founding family, according to the manager.

In this new phase, Tikehau Capital will work closely with the CEO, Manuel Losada, and his management team, providing operational and strategic support, with the aim of accelerating and consolidating Isotrol’s organic and inorganic growth.

This acquisition is the second private equity acquisition made by managers in the Iberian Peninsula. In 2020, Tikehau Capital acquired Enso Energy, a platform with decarbonization projects for thermo-intensive industrial clients.