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03.

RENEWABLES

We're building our own development platform

We want to be at the forefront of the energy transition and will look to position ourselves as a significant contributor.

Onex is a new player in the Renewables market with assets across wind and solar sectors in Europe and the Americas.

€600mn

invested and exited in Europe

277mw

Developed across Iberia

450kt

Co2 Emissions savings

500MW

Pipeline under exclusivity

Renewables across Europe

SUMMARY

We acquired a recently built 221MW Wind-Farm in Portugal from EDP-R with an 18 year Feed-In-Tariff and closed in January 2022. 

 

The total transaction EV was €548m and we were advised by JP Morgan and Bank of Santander.  

We exited the project in 2023 to Finerge S.A, one of the largest renewable groups.

LOCATION

Portugal, Europe

YEAR

2022

Information

Exus Asset Managers

Turbines

Renewables across Europe

SUMMARY

We acquired a 49% stake in 2 newly developed andseparate 24MW projects in partnership with Enel Renewables Group in Zaragoza, Spain with a total EV of €75mn and each asset has over 30 years life

Both projects reduce our carbon footprint and save 140,000/t of CO2 per year..

LOCATION

Spain, Europe

YEAR

48MW, 2022

Information

Exus Asset Managers, find more about them on
https://www.exuspartners.com

Image by Jason Blackeye
Renewables Platform Europe

SUMMARY

We are focused on building a development pipeline focusing on Italy, Spain and Portugal as our Tier-I target.

Our Tier-II target jurisdictions include Poland, Croatia and Greece.

TEAM

We are growing our development and management team and building a team of professionals based in Dubai, Geneva and Paris. 

Structure

Leverage our experience and relationships with local banks and finance the construction of our projects. 

We aim to have a development pipeline of over 1000MW. We are strictly focusing on projects in early late of development and with the right strategic partners.

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