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Japanese businessman Tetsuru Uragami acquires 5% of Maspv Energy, before its "imminent" exit on the Nasdaq

MADRID, 7 May.

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Japanese businessman Tetsuru Uragami acquires 5% of Maspv Energy, before its "imminent" exit on the Nasdaq

MADRID, 7 May. (EUROPA PRESS) -

The Japanese businessman Tetsuro Uragami, owner of the Japanese company Solar 1 Stop, has acquired 5% of the Spanish energy company Maspv Energy, becoming part of its board of directors, betting on the business model that the company develops in Asia since 2013.

Uragami has joined Maspv Energy to develop photovoltaic projects under the 'EMC' model, which allows companies to consume clean energy without assuming investment risk, according to information sent in a statement.

The founder of Solar 1 Stop has indicated that "as a company with more than 10 years of experience in the photovoltaic sector in Japan, they bet with confidence and great enthusiasm for the Maspv business model."

He has also stressed that "investing in renewable energies under the EMC model, which does not imply investment and generates cost savings for companies, is undoubtedly a winning bet."

On the other hand, Fundeen, the renewable investment platform, has launched through its financing platform a portfolio of solar energy projects under Maspv's 'EMC' contract model.

Specifically, it is a package of five self-consumption facilities that are already in operation, located in the provinces of Barcelona, ​​Málaga, Madrid and Valencia, totaling 2,346 peak kilowatts (kWp).

In this way, Maspv and Fundeen offer the opportunity to invest in sustainable projects, obtaining "constant and stable" cash flows.

Fundeen's investment director, Carlos Vitoria, has indicated that "as a co-investment platform, they are excited to collaborate with Maspv on this project."

"Investors will be able to participate through a loan in the 'Project Finance' modality, with an important package of guarantees that ensure the return of the investment," he added.

The general director of Maspv Spain, Marco De Bianchi, has highlighted that in view of the company's "imminent" listing on the American Nasdaq, more and more investors are showing interest in its projects, "which, thanks to its international dimension and its business focused on self-consumption for companies under the EMC contract, continues to grow inside and outside of Spain".

Keywords:
Asia