Visit windpowermonthlyevents.com for the latest on our upcoming conferences and webcasts

Spain

Spain

FERSA seeks more capital from the market

Fersa Energías Renovables (FERSA), a publicly traded Catalonian wind project developer, is looking for more capital only three months after its debut on Barcelona's secondary stock exchange in March. At the first shareholders' meeting since its flotation, FERSA voted to extend its capital base by EUR 10 million -- to EUR 14 million. FERSA's board also confirmed its intention to buy more wind plant throughout Spain in the near future. The decision comes on the heels of its recent purchase from Unión Fenosa of 30% of the Altos de Voltoya wind complex, which connects a total of 55 MW to the grid in Castile and León. FERSA says it has stakes in 65 MW of developing wind projects nationwide. The company is owned mainly by Catalonia bank Fibanc (44.58%) and insurance company Catalana Occidente (25.58%).

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Windpower Monthly Events

Search more than 4,500 companies in the Windpower Directory

Latest Jobs