Albioma seeks acquisitions of solar DG projects and plants in Brazil

A albiome, a French multinational operating in Brazil in the energy sector since 2014, made its bet on the solar DG (distributed generation) market with the acquisition of 31,6 MWp in operational plants in the states of São Paulo, Goiás, Piauí and Pernambuco.

According to the company, the move is in line with its international diversification strategy.

Its main objective is to consolidate and exponentially grow its presence in photovoltaic DG in Brazil through the acquisition of new operational plants and projects under development of the DG I type, that is, which have the acquired right to full compensation of all components of the electricity tariff until 2045.

“The remote mini-generation segment offers attractive returns and has already reached a level of regulatory maturity that gives us the security to grow. We want to significantly expand our portfolio of assets and projects in 2023 and 2024. We are long-term investors. We want to acquire and operate the assets for an indefinite period,” highlighted Christiano Formam, CEO of Albioma in Brazil.

For this strategic move, Albioma hired Watt Capital as its exclusive financial advisor, specializing in the renewable energy sector in Brazil. “Our role is to find the most competitive projects and plants in operation whose sale value makes sense for our client,” said Eduardo Tobias, managing partner.

Also according to the CEO of Albioma in Brazil, Albioma has a strategy of forming clusters of assets, aiming to gain scale in the implementation and management of plants.

“For projects to be built (greenfield), we will prioritize the states of Mato Grosso, Mato Grosso do Sul, Goiás, Distrito Federal, Ceará, Piauí, Pernambuco, Rio de Janeiro, Minas Gerais and, in São Paulo, the areas of CPFL Piratininga and Paulista. In the case of plants in operation, there are no geographical restrictions. We will evaluate any plant from 1 MW”, concluded Formam.