Tikehau makes second Iberian investment with Isotrol buyout

Global alternative asset manager Tikehau Capital has bought Spanish renewable energy software provider Isotrol.

The company, which was founded in 1984, specialises in software that aims to provide real-time improvement of the productivity and efficiency of energy generation assets.

Isotrol management systems are found in more than 2,100 renewable energy installations globally, and are used in the operation of more than 130GW across 45 countries.

Tikehau, which you can meet at the UK Private Equity Conference, is making the investment through its energy transition strategy, which has more than €1bn in assets targeting clean energy generation, low-carbon mobility and energy efficiency.

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The deal is Tikehau Capital’s second in Iberia following its investment in ENSO Energy, a biomass platform for decarbonization projects for thermo-intensive industrial clients.

A statement from Emmanuel Laillier, head of private equity at Tikehau Capital, and David Martin, head of private equity in Iberia, said, “The management team has built Isotrol into an impressive leader in the global renewable energy market with significant potential for further growth.

“We look forward to working with Isotrol in its next phase of growth and to supporting the company in cementing its position as a leader in the digitisation of the global renewable energy sector.”

Source: The Business Desk

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