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Cinergia

The Deal

Bought By
Jorge Rivero
Year
2021
Vehicle
Sotavento Capital, backed by ALZA Capital Partners, SFClub, Itaca Capital Partners and Promax Capital Investments
Kind
Physical operations

A Catalan manufacturer of regenerative power converters, grid simulators and electronic loads, sold to the laboratories that test electric vehicle, renewable and smart grid equipment, and spun out of a university research group in 2008.

What Happened Next

Still held, with the company saying more than eighteen megawatts of its units are in service worldwide and a silicon carbide product line launched since the purchase.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

ALZA Capital Partners

SFClub

Itaca Capital Partners

Promax Capital Investments

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts.