French infrastructure fund manager Omnes Capital has invested in Swedish PV developer HP Solartech.
HP Solartech currently has a growing 1.2GW project pipeline, and the new investment will help the company execute its near-term 1.5GW Independent Power Producer strategy.
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Omnes Capital has an over-10-year track record investing in entrepreneur-led developers and IPPs across Europe.
EY’s Nordic Renewable energy Corporate Finance team acted as the exclusive financial advisor for the deal.