Ashurst advises Algebris on acquisition of Vector Renewables
Ashurst has advised Algebris Investments on the acquisition of 100% of the share capital of Vector Renewables from Nadara Italy through the Algebris Green Transition Fund, in a transaction spanning eight jurisdictions.
The deal marks the first international acquisition completed by the Algebris Green Transition Fund and expands the asset manager’s presence beyond its domestic market. Through the acquisition, Algebris strengthens its position in the energy transition sector and gains exposure to one of the leading technical advisory and asset management platforms focused on renewable energy assets.
Headquartered in Spain, Vector Renewables provides technical consultancy and asset management services for the renewable energy industry. The company operates across Europe, Asia and Latin America and has experience in more than 60 countries.
Algebris intends to support Vector Renewables’ management team in its next stage of growth, with a focus on expanding its technical and digital capabilities and pursuing new development opportunities internationally.
Ashurst’s cross-border team
Ashurst acted as legal adviser to Algebris on the corporate aspects of the transaction through a multidisciplinary team coordinating legal work across eight jurisdictions.
The Spanish law aspects of the transaction were handled by Madrid partner Andrés Alfonso, together with associates Marta Timoner and Raul Gines. English law advice was provided by London partners Katie Williams and Gaby Jones, alongside associate Jessica Nelson.
