Deals Counterparts

Velto Renewables

company 1 Deal 2 Partners

Madrid-based renewable energy independent power producer backed by La Caisse, owning and operating 607 MW of solar PV and wind assets across Spain and France plus managing 25% stake in the 630 MW London Array offshore wind farm. Developing over 1 GW of projects across Iberia with expansion into international markets.

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Founded 2020 Parent: La Caisse (Caisse de dépôt et placement du Québec)
Renewable Energy DeveloperAsset ManagerInvestor

Strategic Overview

  • Backed by La Caisse (CDPQ), providing strong financial capacity for growth and acquisitions
  • Long-term asset ownership strategy focused on holding operating assets rather than trading
  • Pursuing international growth with local presence approach in target countries and regions
  • Over 1 GW of projects under development in Iberia pipeline
  • Multi-technology platform spanning solar PV, onshore wind, offshore wind, and floating solar
  • Asset management capabilities demonstrated through London Array offshore wind farm contract
  • Founded December 2020 with rapid scale-up to 607 MW operational in 5 years

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Investment Focus

Technologies
Onshore Wind1
Geography
France1

Key People

Lucas de Haro
CEO
Álvaro Gispert Rubio
CFO
Miguel Zaldivar
Head of Development and Construction
Álvaro García
Head of Asset Management
Alfonso Faubel
Chairman (Independent)
Patrick Côté
Board Director (La Caisse)
Eléonore Joder
Board Director (La Caisse)
Andrew Parr
Board Director (Independent)

Track Record

1,371
MW Total
5
Years Active
Notable projects: London Array offshore wind farm (630 MW, UK), 130+ solar PV projects in Spain and France (607 MW)

Detailed Analysis

Technologies
Solar PVOnshore Wind (2 deals)Offshore WindFloating Solar
Geographies
SpainFrance (2 deals)United KingdomWestern Europe
Sectors
Energy TransitionUtilities
Deal Stage
OperatingGreenfield

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