Cuatrecasas has advised Kishoa S.L. on the signing of an investment agreement with the Canadian fund Brookfield
Cuatrecasas has advised the Spanish sustainable energy solutions provider Kishoa S.L., known by its brand name Powen, and its majority shareholders on the signing of an investment agreement with the Canadian fund Brookfield. With the closing of this transaction, Brookfield has entered into the business of Kishoa S.L., after taking an equity stake in Powen.
“This transaction allows Kishoa S.L. to consolidate its position in the business to consumer and business to business solar photovoltaic market, as well as to advance in its strategy of making the Powen brand a benchmark in photovoltaic self-consumption worldwide”, said spokespersons.
Powen has a commercial presence in Spain, Mexico and Portugal, and the incorporation of Brookfield as a strategic investor in the business will enable it to strengthen its position in the countries in which it currently operates, as well as to open up new markets.
The Cuatrecasas team involved in the transaction (pictured clockwise from top left) was led by Francisco J. Martínez Maroto (partner, Corporate and M&A), Amador Rodríguez (associate/Corporate/M&A ), Álvaro Lucena (associate/Corporate/M&A ) and Julio Otero (lawyer/Corporate/M&A), who were supported by other Cuatrecasas professionals from different areas of expertise.