DGAP-News: Ventizz Capital Partners AG: Ventizz invests in Rioglass Solar Holding S.A., a leading global component supplier for Concentrating Solar Power (CSP) plants
(firmenpresse) - DGAP-News: Ventizz Capital Partners AG / Key word(s): Private Equity
Ventizz Capital Partners AG: Ventizz invests in Rioglass Solar Holding
S.A., a leading global component supplier for Concentrating Solar
Power (CSP) plants
19.01.2012 / 06:56
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Ventizz invests in Rioglass Solar Holding S.A., a leading global component
supplier for Concentrating Solar Power (CSP) plants
St. Gallen / Mieres - January 19, 2012. Ventizz Capital Fund IV L.P.
(Ventizz) has invested in Rioglass Solar Holding S.A. (Rioglass Solar), one
of the leading manufacturers of solar reflectors for the application in
concentrating solar power (CSP) plants. The investment was made together
with funds managed by Partners Group, a global private markets asset
manager as investment partner, and in conjunction with Jose-Maria
Villanueva, the founder and CEO of Rioglass Solar, and current shareholder
Abengoa, the international company that applies innovative technology
solutions for sustainable development in the energy and environment
sectors.
Founded in 2007, Rioglass has developed proprietary technology to
manufacture highly efficient mirrors for all types of CSP technology. With
over 200 employees and production facilities in Asturias (Spain) and in
Arizona (USA), the company is well positioned to supply the global market
in solar thermal plants. Unlike other renewable energy sources such as
photovoltaic or wind, CSP has the distinct advantage of being able to store
thermal energy. The need for base-load capable, utility scale renewable
energy sources will drive the significant growth of the CSP market that is
expected in the coming years.
'Rioglass Solar has become a global leading supplier of performance
critical components in this attractive renewable energy segment. CSP
continues to expand as the market is still in an early stage of
development. This provides us with significant potential for further
growth, which will be exploited together with Abengoa. With such a strong
strategic partner Rioglass Solar is well positioned to develop
successfully,' said Dr. Helmut Vorndran, CEO of Ventizz Capital Partners,
the exclusive advisor to the Ventizz Private Equity Funds. 'With its focus
on CSP technology and an excellent track record, we believe Rioglass Solar
adds additional diversification to the already existing wind and
photovoltaic companies of the already well-balanced renewable energy
portfolio of Ventizz IV.'
Jose-Maria Villanueva, founder and CEO of Rioglass Solar: 'We are very
pleased to have Ventizz and Partners Group on board. With their experience
of financing and developing high-growth technology companies in the
renewable energy sector they will add significant value to Rioglass.'
The parties have agreed not to disclose details of the transaction.
Company profiles
About Ventizz Capital Partners
Ventizz Capital Partners was established in 2000 and has offices in St.
Gallen, Zurich, Düsseldorf and Vienna. Ventizz Capital Partners is the
exclusive advisor to the Ventizz Private Equity Funds, which provide growth
capital and buyout financing for high tech companies in Western Europe.
Four partners and a team of 15 additional professionals currently advise
four funds with a total capital under management of EUR 675m.Ventizz
Capital Fund IV L.P. is the largest of four funds established so far. The
Fund was closed at the end of 2007 after only six months of fundraising,
during which EUR 450m were raised, making it one of the biggest private
equity funds in the segment of growth capital and mid-size tech buyouts in
the German-speaking region.
Ventizz Funds have to date invested in 41 companies with a focus on the
areas of renewable energy/clean tech, high-tech manufacturing industries,
medical technology and information and communication technology. In
addition to a variety of trade sales, Ventizz has so far floated four
portfolio companies (ersol, SAF, PV Crystalox Solar and recently exceet) at
European stock exchange markets.
On the internet at www.ventizz.com
About Partners Group
Partners Group is a global private markets investment management firm with
EUR 25 billion in investment programs under management in private equity,
private real estate, private infrastructure and private debt. The firm
manages a broad range of customized portfolios for an international
clientele of institutional investors. Partners Group is headquartered in
Zug, Switzerland and has offices in San Francisco, New York, São Paulo,
London, Guernsey, Paris, Luxembourg, Munich, Dubai, Singapore, Beijing,
Seoul, Tokyo and Sydney. The firm employs over 550 people and is listed on
the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of over
CHF 4 billion with a clear majority owned by its Partners and all
employees.
On the internet at www.partnersgroup.com
Press contact:
Patricia Eschenlohr
CNC AG
T +49 (0)89 599 458-162
E Patricia.Eschenlohr(at)cnc-communications.com
End of financial news
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Unternehmensinformation / Kurzprofil:
Datum: 19.01.2012 - 06:56 Uhr
Sprache: Deutsch
News-ID 105655
Anzahl Zeichen: 6805
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Kategorie:
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