Hyde Park Investment is proud to be representing Everwood Capital, a renewable infrastructure fund manager. They are currently on their Fund V Solar fund. Fund I, II and III raised E150m, Fund IV raised E300m. They have a strong local team with extensive investment and operational experience in infrastructure, M&A and photovoltaic power generation. They focus on Greenfield investments in unsubsidised PV merchant projects with no regulatory risk. Everwood has already successfully exited in excess of 20 projects developed in Funds I, II and III, through trade sales to industrial buyers with net IRR for their investors of 17.8%, 18.6% and 33.1%, respectively.
Spain is perfectly located for PV power generation with Europe’s highest solar radiation and large land availability; Spain also has low solar installed capacity vs comparable countries.