BRUC will invest 1,030 million euros in Andalusia over the next three years.
The total investment figure in the region amounts to 2,260 million, of which 1,230 million have already been disbursed. BRUC’s portfolio of assets in Seville, Malaga, Cadiz and Huelva totals 3,112 MW. Seville, October 29, 2024 – BRUC, one of the fastest growing and most dynamic companies in the renewable energy sector, will invest 2.26 billion euros in Andalusia as part of its strategic plan until 2028. Of this amount, 1.23 billion euros have already been disbursed to finance the development and construction of solar photovoltaic power generation plants and another 1.03 billion euros will be allocated over the next three years to the expansion of a generation park with a total capacity of 3,112 megawatts (MW). BRUC currently has 13 solar photovoltaic generation plants in operation, totalling 795 MW. These facilities are located in the provinces of Seville (10), Huelva (2) and Cadiz (1). In addition, it is building another 17 plants with a combined capacity of 850 MW in the aforementioned provinces plus Malaga. In addition to these plants in operation and under construction, there are another 33 projects in the development phase (1,467 MW), which include the hybridization of plants with solar energy and battery storage. These plants represent the creation of 1,652 qualified jobs and contribute to the reindustrialization of the territory, on the one hand, and to the generation of economic activity in sparsely populated rural areas, on the other. Andalusia is a priority community for BRUC. Its portfolio of assets includes the Don Rodrigo node, with 400 kilovolts (kV) and a power evacuation capacity of 1,000 MW, the largest private renewable generation node in the community. By 2028, with all the plants in operation, BRUC expects to produce 3.02 terawatt-hours (TWh) annually, the consumption of nearly 800,000 homes, 25% of Andalusian households. This production will ensure the supply of electricity for the community and will make it one of the leading exporters to the rest of Spain. This commitment to sustainability through the development of clean energies is best expressed in its contribution to the fight against climate change. In 2028, the BRUC park in Andalusia will avoid the emission of 824,705 tons of carbon dioxide. About BRUC BRUC is one of the largest and most dynamic renewable energy groups in Spain. Founded by the entrepreneur Juan Béjar, the shareholder is composed of OPTrust, USS and Interogo Holding. Luis Venero is the company’s CEO. BRUC believes that an energy transition to a decarbonized economy is urgently required. Part of this transition rests on the development of clean energies, whose contribution to countries’ energy systems must be growing. BRUC’s mission is to generate attractive investment opportunities in the field of renewable energies and to manage assets with the objective of contributing to the sustainability of energy supply systems and substantially reducing their environmental impact. BRUC currently has a renewable portfolio in Spain comprising photovoltaic, wind and battery assets totaling 9,100 MW in operation, construction and development. For more information: José Manuel Velasco jmvelasco@brucenergy.com (+34) 654315520
BRUC connects its first hybrid batteries with solar energy in Extremadura.
• The batteries have a capacity of 2 MWh and 4 MWh, respectively, and can handle more than 2,190 MWh per year. • The renewable energy company is developing 1.5 GW of storage capacity hybridized with photovoltaic. Madrid, October 3, 2024 – BRUC, one of the fastest growing and most dynamic companies in the renewable energy sector, has reached an important milestone in its strategic plan with the connection of its first two solar hybridized batteries in two of its photovoltaic plants in Cáceres, Cáceres 2020 of 51 MW and Cáceres 2021 of 53 MW. The storage systems installed in the photovoltaic plants have a charging capacity of 2 MWh and 4 MWh, respectively. State-of-the-art technology has been incorporated in the design of the projects to maximize storage efficiency. In particular, the hybridized batteries are designed to store at least 2,190 MWh of energy annually, capturing the surplus generated during peak solar production hours. This storage system allows the release of stored energy at times of high demand, which optimizes energy flow management. In addition, this storage strategy not only increases the responsiveness of the energy system to fluctuations in demand, but also improves the stability and resilience of the power grid. By reducing dependence on conventional energy sources during consumption peaks, it minimizes environmental impact and promotes a more sustainable use of energy resources. This creates an enabling environment for the transition to a more efficient and reliable energy system, capable of adapting to changing market and consumer needs. This pilot project represents for BRUC a further step in the achievement of its strategic plan. The company is currently developing 1.5 gigawatts (GW) of storage systems using battery hybridization at its photovoltaic facilities. This capacity will reduce dependence on solar hours and facilitate more efficient management of electricity production, effectively integrating renewable energy sources and maximizing the stability of energy supply. “Through storage, BRUC makes the most of the potential of its generation installations, providing an efficiency factor both to the plant itself and to the transmission grid operator,” says Juan Béjar, president of BRUC. Luis Venero, CEO of BRUC, adds: “The connection of these first batteries is a milestone in the development of BRUC’s business plan, whose main focus is the construction and management of a portfolio of 8,000 MW in Spain, taking advantage of the potential of all the plants through hybridization with wind energy and storage”. About BRUC BRUC is one of the largest and most dynamic renewable energy groups in Spain. Founded by the entrepreneur Juan Béjar, the shareholder is composed of OPTrust, USS and Interogo Holding. Luis Venero is the company’s CEO. BRUC believes that an energy transition to a decarbonized economy is urgently required. Part of this transition rests on the development of clean energies, whose contribution to countries’ energy systems must be growing. BRUC’s mission is to generate attractive investment opportunities in the field of renewable energies and to manage assets with the objective of contributing to the sustainability of energy supply systems and substantially reducing their environmental impact. BRUC currently has a renewable portfolio in Spain comprising photovoltaic, wind and battery assets totaling 9 GW in operation, construction and development. In Japan, it manages 70 MW of solar generation. For more information: José Manuel Velasco jmvelasco@brucenergy.com (+34) 654315520
BRUC already produces 10% of the total photovoltaic solar energy in Andalusia
BRUC and Texla executives explain to the Councilor of Industry, Energy and Mines the development of their investments in the region. BRUC has a portfolio of 3,112 MW in Andalusia, of which 630 MW are already operational. Seville, September 18, 2024. – On the afternoon of September 17, the Councilor of Industry, Energy and Mines of the Regional Government of Andalusia, Jorge Paradela Gutiérrez, received the President and CEO of BRUC, Juan Béjar and Luis Venero, respectively, to follow the evolution of the renewable energy company’s investments in this community. The meeting was attended by Texla’s general manager, Miguel Montero, and the director of the Andalusia Energy Agency, Natalia Márquez García. BRUC, one of the main leaders in renewable generation in Spain, has 8,000 megawatts (MW) in operation, construction and development, of which almost 40% are located in Andalusia. It currently has 630 MW of photovoltaic solar energy already in operation, representing 10 % of the community’s photovoltaic energy. BRUC’s portfolio of assets in Andalusia totals 3,112 MW, of which 630 MW are already in operation, 1,015 MW are under construction and the rest are under development. By the end of 2025 BRUC will have 1,645 MW of photovoltaic solar energy in commercial operation. In addition, the company is developing hybridization projects with wind and storage technology that will add another 1,467 MW. When all the plants foreseen in the business plan come into operation, BRUC will generate 3,020,900 MWh in Andalusia, equivalent to the electricity consumption of 767,700 homes, which will prevent the emission of 824,705 tons of carbon dioxide into the atmosphere each year. The projects represent a total investment of 2,260 million euros, of which 1,230 million euros have already been invested. This investment will mean the creation of 1,652 jobs, most of which are located in rural areas. During the meeting, it was also highlighted that the Don Rodrigo 400 kV node, 100% owned by BRUC, is the largest private renewable generation node in Andalusia, with a peak power of 1 GW. Juan Béjar, president of BRUC, highlighted the importance of being key players in the energy development of the community: “Andalusia is an example of commitment to the energy transition and the decarbonization of the economy; its leadership facilitates cooperation between the regional administration, renewable energy investors, such as BRUC, and local companies, with a direct benefit in terms of employment, income generation for the countryside, development of cutting-edge industrial activity and, of course, acceleration in the fight against climate change”. Luis Venero, CEO of BRUC, stressed the need to streamline the process of obtaining the necessary permits to develop, build and connect to the transmission grid a generation plant, “with new challenges related to hybridization and storage regulation”. Finally, Miguel Montero, CEO of Texla, BRUC’s service provider in the areas of property engineering, environmental management, project management, commissioning and permitting, stated: “At Texla we are proud to be part of the energy development of Andalusia, and to collaborate with companies as relevant as BRUC, contributing our experience and capabilities in projects that not only drive the energy transition, but also generate value for the region and its inhabitants”. For more information: José Manuel Velasco jmvelasco@brucmanagement.com +34 654315520
BRUC starts up the 55 MW Aguasvivas solar photovoltaic plant in Aragon
The solar plant can supply electricity to 24,500 homes per year. BRUC’s portfolio in Aragon amounts to 4,900 MW of renewable energy. September 10, 2024 – BRUC, one of the fastest growing and most dynamic companies in the renewable energy sector, has just connected its 55 megawatt (MW) Aguasvivas solar photovoltaic plant in Aragon to the electricity grid. This is a new milestone in the fulfillment of the strategic plan, which calls for the deployment of 8,000 MW in Spain. The solar plant, equipped with state-of-the-art technology and an annual production of 96,380 MWh, will make a significant contribution to the supply of clean energy in Aragon. It has the capacity to provide electricity to 24,500 homes per year and thus avoid the emission of 26,300 tons of carbon dioxide into the atmosphere. The plant is located in the province of Zaragoza and covers an area of 97 hectares. This project is part of a portfolio of 4,900 MW that BRUC is developing in Aragon. It currently has 331 MW in operation in the province of Zaragoza, in demographically challenged municipalities. These projects represent enormous benefits for the region, not only in economic terms, but also in the generation of employment, strengthening of the industrial fabric, and in the active fight against depopulation, promoting sustainable development and improving the quality of life of local communities. “The connection of this plant to the grid is not only a further step in the fulfillment of our strategic plan, which guides our shareholders’ commitment to the energy transition through the decarbonization of the economy,” says Juan Béjar, President of BRUC. “We are grateful for the collaboration of the local authorities and all those involved in this project, who have been instrumental in achieving this accomplishment. We continue to work closely with all stakeholders to further advance our mission of generating clean and sustainable energy,” adds Luis Venero, CEO of BRUC. About BRUC BRUC is one of the largest and most dynamic renewable energy groups in Spain. Founded by the entrepreneur Juan Béjar, the shareholder is composed of OPTrust, USS and Interogo Holding. Luis Venero is the company’s CEO. BRUC believes that an energy transition to a decarbonized economy is urgently required. Part of this transition rests on the development of clean energies, whose contribution to countries’ energy systems must be growing. BRUC’s mission is to generate attractive investment opportunities in the field of renewable energies and to manage assets with the objective of contributing to the sustainability of energy supply systems and substantially reducing their environmental impact. BRUC’s assets are located in Spain and Japan. In the Iberian Peninsula it has 8,000 MW of solar photovoltaic and wind power plants, all of them with access granted to the transmission grid, while in Japan it manages 100 MW of solar generation. For more information: José Manuel Velasco jmvelasco@brucmanagement.com (+34) 654315520
BRUC closes the first half of 2024 with 2,000 MW in operation and under construction
An additional 472 MW will be connected to the grid before the end of the year. The group’s projects generated 1,032 GWh in the first six months. Madrid, July 29, 2024 – BRUC, one of the fastest growing and most dynamic companies in the renewable energy sector, closed the first half of 2024 with 2,000 MW in operation and under construction. BRUC’s portfolio of assets in Spain and Japan totals 8,000 MW, of which 1,066 MW are already in commercial operation and 897 MW are under construction. The rest, up to 8,000 MW, corresponds to projects under development and hybridization projects with other generation technologies, mainly wind and storage. A further 472 MW will be added to the 1,066 MW in operation before the end of the current year, bringing BRUC’s total solar photovoltaic power in operation to 1,538 MW by the end of 2024. In addition, BRUC expects to start construction of 506 MW in the second half of 2024. In the first half of 2024, despite low radiation, BRUC’s energy production in Spain and Japan has reached 1,032.82 GWh, thus avoiding the emission of 281,960 tons of carbon dioxide. The energy discharged into the grid by BRUC during the period could supply 296,192 Spanish households. The financing for the construction and commissioning of the portfolio of assets is secured through various project finance agreements that the company has in place with leading financial institutions. The soundness of the shareholding of the different companies that make up the energy group (the OPTrust and USS pension funds and Interogo) supports the development of the ambitious business plan. “We are reasonably satisfied with the results obtained in the first half of the year, despite the global uncertainty and the current scenario of volatile energy prices. We have been able to adapt to a less favorable environment than in previous years and maintain our growth and profitability objectives,” says Juan Béjar, President of BRUC. Value creation BRUC understands that leadership in the energy and economic transition goes beyond renewable energy generation. It requires a comprehensive commitment that encompasses sound policies, investment in research and development, multi-sector collaboration and education. In exercising this vision, BRUC is committed to sustainable growth, where environmental protection, respect for society and good governance are core values. Its business is fully aligned with European plans and regulations on sustainability and decarbonization, the United Nations Sustainable Development Goals and plans to combat climate change. Sustainable development is at the heart of the company’s strategic plan and forms part of its corporate values. In this sense, during the first months of the year, sustainability governance has been strengthened through the adhesion to the United Nations Global Compact, the approval of new policies, training for BRUC professionals, the evaluation of the value chain and the strengthening of relations with local communities, among others. Luis Venero, CEO of BRUC, emphasizes that “the management team has demonstrated that it can maintain a high rate of growth and meet its objectives in all circumstances”. He adds: “The portfolio of Power Purchase Agreements (PPAs) achieved during the year also proves the confidence of our clients, who share our vision of the vital importance of renewable energies in the fight against climate change, energy independence and the development of more competitive economies”. Contact: José Manuel Velasco jmvelasco@brucmanagement.com
BRUC organizes a visit with its main banks and financial advisors to its Cartago A2 solar complex
Last Thursday, May 23, Bruc, a leader in the renewable energy sector, had the honor of hosting leading representatives of banking institutions and financial advisors at its 53MW Don Rodrigo II solar plant. This project is part of the 111.5 MW Cartago A2 photovoltaic complex, with the capacity to supply 60,000 Spanish homes per year. The complex avoids the emission of 59,200 tons of CO2 into the atmosphere per year. The attendees had the opportunity to learn first-hand about the innovations and technological advances implemented in our projects. Bruc’s technical team explained to the visitors the process of generating photovoltaic solar energy, the energy efficiency of our facilities and the environmental benefits generated by our projects. The tour included a visit to our Matallana substation, where those present were able to see its operation and scope from the field. The bank representatives showed great interest in Bruc’s sustainable practices and projects. They discussed possible financing opportunities and support for the achievement of our portfolio of renewable energy projects. During the day, the attendees also had the opportunity to see the compatibility of photovoltaic plants with local agriculture and livestock farming. The visit culminated with a question and answer session, where the guests were able to express their concerns and suggestions, establishing a constructive dialogue and strengthening the relationship between Bruc and the financial institutions present. As conclusions to the conference, we highlight the importance of the collaboration of the financial sector to promote sustainable development and deploy renewable energy projects that are aligned with the net zero emissions plans of the European Union. We are deeply grateful for the interest shown. Your support and collaboration are essential to continue advancing in our mission to offer sustainable and efficient energy solutions, with which we actively contribute to the energy transition and decarbonization. About BRUC BRUC is one of the largest and most dynamic renewable energy groups in Spain. Founded by the entrepreneur Juan Béjar, the shareholder is composed of OPTrust, USS and Interogo Holding. Luis Venero is the company’s CEO. BRUC believes that an energy transition to a decarbonized economy is urgently required. Part of this transition rests on the development of clean energies, whose contribution to countries’ energy systems must be growing. BRUC’s mission is to generate attractive investment opportunities in the field of renewable energies and to manage assets with the aim of contributing to the sustainability of energy supply systems and substantially reducing their environmental impact. BRUC’s assets are located in Spain and Japan. In the Iberian Peninsula it has 8,400 MW of solar photovoltaic and wind power plants, all with access granted to the transmission grid and secured financing, while in Japan it manages 100 MW of solar generation. The presence in the Asian country dates back to the beginning of BRUC’s activity, which identified investment opportunities in a market which, from a regulatory point of view, ensures the income from the generation activity with clean energies. [vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][vc_gallery type=”image_grid” images=”1519,1518,1517,1516,1515″ img_size=”” css=”” column_number=”5″ grayscale=”no” images_space=”gallery_with_space”][/vc_column][/vc_row]
BRUC promotes training in renewable energies
Yesterday, a group of students from the San Francisco de Padua International School visited our Cartago A1 photovoltaic complex, located in Carmona, in an educational visit where the students were able to learn about its operation in a dynamic and entertaining way and learned about the development of renewable energies from the field, in collaboration with the Texla team, which has been responsible for the commissioning, engineering and environmental management of the project and personnel of Solarpack, which performs maintenance work on our projects. The visit was also attended by Miguel Montero Bueno, Texla’s general manager. An experience that was not only a perfect complement to their learning in the classroom, but also a unique experience for them that also underlines the relevance of environmental education in today’s world. During the session, the possibilities offered by photovoltaic energy, the different phases of a photovoltaic solar plant and the importance of the environment and sustainability, among other topics, were highlighted. During the day, experts from Bruc and Texla also explained the safety measures to be taken into account in an electrical installation, as well as the compatibility of solar energy with agriculture and livestock. The students were able to see the water troughs for animals in the complex, ponds, observe the regeneration of riverbanks, sheep carrying out vegetation control and even spotted species such as the imperial eagle or the Montagu’s harrier in the area. We are committed to educating and supporting new generations on their way to a deeper and more practical understanding of renewable energies and environmental management and we believe that training in the field of clean energy is a fundamental tool to contribute to the energy transition and decarbonization. The visit was a unique occasion in which we were able to show how renewable energies can work together with the environment for sustainable development. With this type of initiative, whose purpose is to promote the development of the communities in which we are present, we reaffirm our commitment to sustainable development and the dissemination of the benefits of renewable energies. The complex deploys 263.476 MW of green energy, occupying a total area of 488 hectares, and avoids the emission of 139,700 tons of CO2 into the atmosphere, supplying some 141,700 families. About BRUC BRUC is one of the largest and most dynamic renewable energy groups in Spain. Founded by the entrepreneur Juan Béjar, the shareholder is composed of OPTrust, USS and Interogo Holding. Luis Venero is the company’s CEO. BRUC believes that an energy transition to a decarbonized economy is urgently required. Part of this transition rests on the development of clean energies, whose contribution to countries’ energy systems must be growing. BRUC’s mission is to generate attractive investment opportunities in the field of renewable energies and to manage assets with the objective of contributing to the sustainability of energy supply systems and substantially reducing their environmental impact. BRUC’s assets are located in Spain and Japan. In the Iberian Peninsula it has 8,400 MW of solar photovoltaic and wind power plants, all of them with access granted to the transmission grid, while in Japan it manages 100 MW of solar generation. The presence in the Asian country dates back to the beginning of BRUC’s activity, which identified investment opportunities in a market which, from a regulatory point of view, ensures the income from the generation activity with clean energies.
BRUC JOINS THE UNITED NATIONS GLOBAL COMPACT
22 April 2024.- BRUC reinforces its sustainability strategy by joining the United Nations Global Compact, the world’s largest corporate sustainability initiative. As a participant in the United Nations Global Compact, BRUC reaffirms its commitment to sustainability by reinforcing and aligning its strategy with the Ten Universally Accepted Principles in the areas of human rights, labor, environment and anti-corruption, and by deploying measures that support the goals and issues of the United Nations embodied in the Sustainable Development Goals (SDGs). Bruc takes a leading role in the energy transition by generating 100% renewable energy, while contributing to environmental protection and social welfare. Its ESG policy is based on mitigating risks and maximizing opportunities, not only for its business, fully aligned with plans to combat climate change and decarbonization, but also through the creation of positive impact and added value, promoting responsible behavior through ethics and good business practices. About BRUC BRUC is one of the largest and most dynamic renewable energy groups in Spain. Founded by the entrepreneur Juan Béjar, the shareholder is composed of OPTrust, USS and Interogo Holding. Luis Venero is the company’s CEO. BRUC believes that an energy transition to a decarbonized economy is urgently required. Part of this transition rests on the development of clean energies, whose contribution to countries’ energy systems must be growing. BRUC’s mission is to generate attractive investment opportunities in the field of renewable energies and to manage assets with the objective of contributing to the sustainability of energy supply systems and substantially reducing their environmental impact. BRUC’s assets are located in Spain and Japan. In the Iberian Peninsula it has 8,400 MW of solar photovoltaic and wind power plants, all of them with access granted to the transmission grid, while in Japan it manages 100 MW of solar generation. The presence in the Asian country dates back to the beginning of BRUC’s activity, which identified investment opportunities in a market which, from a regulatory point of view, ensures the income from the generation activity with clean energies. For further information: José Manuel Velasco jmvelascoguardado@gmail.com (+34) 654315520
BRUC secures a EUR 570 million financing for the construction of 842 MW of solar PV assets
April, 16.- BRUC has closed a €570 million financing agreement with Santander, ING, BNP Paribas, Crédit Agricole CIB, Sabadell, BBVA and Unicaja. These funds will enable the construction of solar photovoltaic power generation plants totalling 842 megawatts (MW). The financing is classified as a “green loan”. Banco Santander acted as financial advisor, hedge coordinator and green loan coordinator. ING, BNP Paribas, and Crédit Agricole CIB acted as bookrunners, and together with Sabadell, BBVA and Unicaja acted as MLAs, and hedge providers. Allen&Overy and Linklaters acted as legal advisors. The plants, whose construction will be partially financed with these funds, are in the provinces of Seville, Malaga, Cadiz and Soria. All of them will count with Power Purchase Agreements (PPA) with leading offtakers, including Pfizer, Alstom and Grupo Roca. These plants will generate 1,400 jobs during the construction phase. Once they come into operation, expected in 2024 and 2025, they will generate energy equivalent to the consumption of 421,000 homes and avoid the emission of 33,680,000 tonnes of CO2. BRUC currently has 1,100 MW in operation. By the end of the year, it will add a further 2,000 MW under construction. BRUC’s total portfolio amounts to 8,500 MW, of which 8,400 MW are in the Iberian Peninsula and 100 MW in Japan. Last year, BRUC signed a financing agreement with seven banks for 600 million euros. This amount, together with the financing of €570 million, guarantees a substantial part of the contributions necessary for investment in the construction and commissioning of a portfolio of solar photovoltaic and wind generation plants in Spain. About BRUC BRUC is one of the largest and most dynamic renewable energy groups in Spain. Founded by the entrepreneur Juan Béjar, the shareholding is made up of OPTrust, USS and Interogo Holding. Luis Venero is the CEO of the company. BRUC believes that an energy transition towards a decarbonised economy is urgently required. Part of this transition relies on the development of clean energy, whose contribution to countries’ energy systems must be increasing. BRUC’s mission is to generate attractive investment opportunities in the field of renewable energies and to manage assets with the objective of contributing to the sustainability of energy supply systems and substantially reducing their environmental impact. BRUC’s assets are located in Spain and Japan. It has 8,400 MW of solar photovoltaic and wind power plants in Spain, all with access granted to the transmission grid, while in Japan it manages 100 MW of solar generation. Its presence in the Asian country dates back to the beginning of BRUC’s activity, which identified investment opportunities in a market which, from a regulatory point of view, ensures the income from the generation activity with clean energies. For further information: José Manuel Velasco jmvelasco@brucmanagement.com +34 654315520
BRUC, the green energy group, agrees a corporate financing of € 600 million for the construction of its 8,500 MW portfolio in Spain
Schroders, Infranity, Santander, ING, Instituto de Crédito Oficial, BNP Paribas and Intesa Sanpaolo lend the funds to the company founded by Juan Béjar which shareholders are OPTrust and USS. Recently Interogo acquired 49% of the company that brings together the plants already operational and in the advanced phase of construction. September 25, 2023.- BRUC, the green energy group based in Madrid, has signed a financing agreement with seven entities for an amount of 600 million euros. This amount guarantees a substantial part of the contributions necessary for the investment in the construction and entry into operation of a portfolio of solar photovoltaic and wind generation plants in Spain totaling 8,500 megawatts (MW). The entities participating in this corporate financing package are Schroders, Infranity, Santander, ING, Instituto de Crédito Oficial, BNP Paribas and Intesa Sanpaolo. Astris Finance has acted as financial advisor, Allen & Overy as legal advisor to BRUC, and Linklaters as legal advisor to the funders. The financing agreement has been substantiated under the “corporate sustainable financing” formula, given that the entities have considered ESG (Environmental, Social and Governance) criteria. BRUC’s positioning in the clean energy sector was already key for OPTrust and USS pension funds to enter the company’s capital in 2016 and 2021, respectively. More recently, past June, Interogo Holding (IH), via its infrastructure investment fund Inter Infrastructure Capital (IIC), entered an agreement to acquire 49 % of a 1,066 megawatts (MW) portfolio of operational and under construction solar photovoltaic generation assets within the BRUC group. Its strategy is to acquire stakes in infrastructure companies that provide essential services to society, are recession-resistant and offer downside protection through stable and predictable cash flows. With these contributions, BRUC will finance from the group’s parent company the construction of renewable generation plants totaling 8,500 MW in the regions of Aragón, Andalusia, Extremadura, Castilla-La Mancha and Castilla y León. Thanks to hybridization processes, this portfolio of assets includes solar photovoltaic and wind generation plants. BRUC is also developing several renewable energy storage projects. Juan Béjar, president of BRUC, views this operation “as the closing of a virtuous circle that will allow us to execute one of the most ambitious renewable generation projects in Spain.” The businessman believes that the energy transition must be accelerated, “for which it is essential that we have a stable and predictable regulatory environment and that transport infrastructures be developed both in Spain and in Europe that allow us to take advantage of our natural resources, reduce dependence on primary energies and offer attractive and competitive prices to industry and consumers.” “This is how the financial entities that accompany us on this journey towards a decarbonized economy understand it,” he concludes. About BRUC BRUC is one of the largest and most dynamic renewable energy groups in Spain. Founded by Juan Béjar, the shareholders are made up of the OPTrust, USS pension funds and Interogo. It currently has 8,600 MW, of which 1,100 are already operational and in the advanced construction stage. BRUC considers that an energy transition towards a decarbonized economy is urgently required. Part of this transition rests on the development of clean energies, whose contribution to the countries’ energy systems must be increasing. BRUC’s mission is to generate attractive investment opportunities in the field of renewable energy and manage assets with the aim of contributing to the sustainability of energy supply systems and substantially reducing their environmental impact. BRUC’s assets are located in Spain and Japan. In the Iberian Peninsula it has 8,500 MW between solar photovoltaic and wind plants, all of them with access granted to the transmission network, while in Japan it manages 100 MW of solar generation. The presence in the Asian country dates back to the beginning of BRUC’s activity, which identified investment opportunities in a market that regulatory guarantees income from clean energy generation activity. For more información: José Manuel Velasco jmvelasco@BRUCmanagement.com (+34) 654315520
