
Gransolar
Leading company in the photovoltaic market
Activity | Photovoltaic solar energy |
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Investment year | 2016 and 2019 |
Type of transaction | Capital increase |
Diana Capital acquired a minority stake in Gransolar, a leading global provider in the manufacture of solar trackers and the construction of solar PV power plants and energy storage systems.
Value Creation
At the time of Diana Capital’s first investment, Gransolar was already a major player in the market. Since then, the group has focused on growing in the two main business lines: the manufacture of trackers—expanding production capacity—and the development and construction of solar parks, reaching 2.5GW built in 107 plants in 17 countries, including the world’s largest plant in Dubai, among others. In addition, it expanded its already significant international presence with projects in countries such as Spain, the United States, Dubai, Mexico, Australia, South Africa, Brazil, Honduras, the Philippines, El Salvador, Italy and Portugal, among others.
In 2022, Trilantic acquired 60% of the company, with the management team retaining the remaining stake.
SpainCap Award for “Best Growth Capital Transaction 2023”
Finalist in the Real Deals Private Equity Awards for the “Best Transaction in the Mediterranean Area”