Everoze supports Capital Dynamics in the acquisition of Puerto Real 2 project in Spain

Published March 2021

Following previous support, Everoze was delighted to advise the independent global private asset management firm, Capital Dynamics, on the acquisition of a 100% stake in the 50MW Puerto Real 2 project located in the Cadiz province (Spain) and developed by WElink Group. Puerto Real 2 is the team’s third acquisition in Iberia. Construction will start in March 2021 and is expected to achieve commercial operations in the first quarter of 2022.

Dario Bertagna, Director at Capital Dynamics mentions: “The Everoze team was instrumental in identifying potential risk and providing solutions to help us mitigate the issues that arose. We had a great experience working with them and we valued their dedicated support as our trusted technical advisor for this acquisition.”

Everoze used its industry leading Due Diligence on Demand process, ensuring a robust risk assessment, smooth communication, and continuous identification of open or risk items. The work was delivered via LiveDiligence, providing earlier access to the review findings. Everoze’s scope of work included technical review of permits, grid, land, technology, design, environmental constraints and energy yield analysis.

Everoze’s work was led by Soraya Molinero supported by a broader project team including Michele Lauritano, Marina Presas, Mathieu Amendola, Dario Brivio and Stefan Mau. For more details, Capital Dynamics’ press release is available here.