Qualitas Energy has achieved a significant milestone by successfully closing one of the largest renewable energy funds in Europe and the largest private markets fund in Spain. The flagship Q-Energy Fund V, initially targeting €1.6 billion, garnered overwhelming support, exceeding its hard cap at nearly €2.4 billion.
This remarkable achievement was made possible with commitments from over 800 investors worldwide, with substantial re-ups from previous investors and a high level of participation from the management team. The fund's investment strategy primarily focuses on renewable energy assets in operation and under development, with an emphasis on assets featuring repowering potential and other infrastructure projects contributing to the global energy transition, primarily situated in Europe.
Qualitas Energy has ambitious plans for expanding its portfolio in Germany, with expectations to reach over 6 gigawatts of capacity within the next few years. Additionally, the Q-Energy Fund V has made its entry into the Americas by acquiring a run-of-the-river hydro plant and a solar photovoltaic portfolio in Chile, leading to the establishment of a new office in Santiago.
Iñigo Olaguibel, Founding Partner & CEO of Qualitas Energy, expressed his pride in concluding one of Europe's most significant investment funds exclusively dedicated to renewable assets, as well as Spain's largest private capital fund to date. He underscored the importance of this achievement for both their company and the global community, as it accelerates the transition toward sustainable energy solutions. He extended his gratitude to their steadfast investors, including longstanding partners of over 17 years and those who recently joined the endeavor, all contributing to the consistent outperformance of Qualitas Energy.