Voltalia acquires photovoltaic firm Martifer Solar
The self-financed move was supported by Mott MacDonald which acted as an independent technical advisor
France-based Voltalia has acquired solar photovoltaic provider Martifer Solar.
The self-financed move was supported by Mott MacDonald, which acted as an independent technical advisor for the renewable energy provider.
Martifer solar’s projects comprise 1.343MW of projects under development, 85MW under construction, and 585MW at operational level.
Johana Trujillo, Mott MacDonald’s solar programme director, said: “This acquisition involved the review of over 50 projects at various stages and in different locations across Europe, Africa, Asia and Latin America.
"Our team of solar specialists made the most of our global presence and direct experience in merger and acquisitions to support this transaction, which we are certain will bring an even stronger player to the global solar PV market.”