KKR and Brookfield agree transaction for global renewable developer X-ELIO
MADRID, Spain and LONDON, United Kingdom, 21 March 2023. KKR, a leading global investment firm, has agreed to sell its 50% stake in global renewable developer, X-ELIO, to its joint venture partner, Brookfield Renewable. Following the transaction Brookfield Renewable will own 100% of X-ELIO.Founded in 2005 and headquartered in Madrid, X-ELIO specializes in the development,
- Published in Financing, Development
X-ELIO collaborates with Australian Monash University in the creation of an Innovation Hub
X-ELIO is joining the board of the hub, under the name of “Grid Innovation Hub” (GIH), to help steer a support cutting edge invocation and research projects which will support the critical transition of Australia’s energy industry Through this collaboration, the company aims to promote technological research in the country, and to serve as a
- Published in Australia, Community Plan, Financing, Development
X-ELIO inaugurates Blue Grass Solar Farm to help deliver Queensland Government’s Renewable Energy Target
16 November 2022. Leading global renewable and sustainable energy provider X-ELIO today celebrates the launch of its Blue Grass Solar Farm, located in Queensland’s Western Downs, 14km from Chinchilla. The official ribbon-cutting event will be attended by key project partners, local council and community members, and other industry representatives. The 200MW solar farm is one
- Published in Australia, Community Plan, Development
X-ELIO appoints Nicholas Pentreath as new CFO
The firm specialized in renewable and sustainable energy solutions enhances internal promotion and appoints Nicholas Pentreath as Chief Financial Officer
X-ELIO supports local communities in regions where it operates globally and launches a community fund in Australia
X-ELIO has recently launched a Community Fund of up to $200,000 to promote the social and economic development of local communities in the Western Downs region of Australia
- Published in Australia, Community Plan, Sustainability
X-ELIO’s largest Australian solar farm reaches Financial Close
The Clean Energy Finance Corporation (CEFC), ING, and Sumitomo Mitsui Banking Corporation (SMBC) to provide financial backing for X-ELIO’s Blue Grass Solar Farm in Queensland.
X-ELIO appoints Elena Molina as Chief Business Development Officer
Elena Molina has more than 17 years of experience in the energy sector globally
- Published in Spain, Italy, US, LATAM, Australia, Japan, Development, People & Culture
X-ELIO appoints Mirko Molinari as Chief Commercial Officer
Mirko Molinari has 17 years of experience in the energy sector and managing global teams across geographies.
X-ELIO joins United Nations’ global program to accelerate business action in the integration of the SDGs
The United Nations Global Compact launches a worldwide accelerator program with X-ELIO as one of the global members of the initiative.
- Published in Spain, Italy, US, LATAM, Australia, Japan, Community Plan, Development, Sustainability
X-ELIO begins construction of its largest solar farm in Australia
X-ELIO will commence construction of its 200 MW Blue Grass Solar Farm, creating up to 400 local jobs and delivering a more than $200 million investment in Queensland (Australia).
- Published in Australia, Development
X-ELIO’s CEO, Lluís Noguera, awarded as Best CEO in the Solar Power Industry in Western Europe
Lluís Noguera, CEO of the leading global company specialized in the development, construction, financing and operation of photovoltaic plants, X-ELIO, has been recognized as the “Best CEO In The Solar Power Industry” in the “European Entrepreneur Of The Year Awards 2020”
X-ELIO and Salesforce sign landmark PPA for Queensland’s Blue Grass Solar Farm
The 200 MW Blue Grass Solar Farm in Queensland is X-ELIO’s largest solar farm development in Australia. The project includes more than $200m capital investment in Queensland, where it will power 80,000 homes across the state and create up to 400 new construction jobs
X-ELIO begins its new stage of growth with KKR and Brookfield Renewable as shareholders and an enhanced Management Team
Brookfield Renewable and KKR complete the deal announced in July to become partners in X-ELIO.
- Published in Italy, US, LATAM, Australia, Japan, Spain, Development, People & Culture, Other