Portugal-based renewable energy company REGA Energy Group has received full confidence from its existing investor SWEN Capital Partners as it completes a further €60 million funding round. The firm offers biomethane and green hydrogen as an alternative to industry leaders.
"We are delighted to further support REGA in its growth. Since our first investment, REGA has been consistently delivering as per its business plan. The organisation combines a clear vision, with a strong customer buy-in, investment-grade governance, deep industrial expertise, and a people-first and pragmatic focus. SWEN Capital Partners is reinvesting with full confidence in the company’s ambition and ability to deliver," says Olivier Aubert, Managing Director with SWEN Capital Partners.
REGA Energy Group CFO, Filipa Abreu Teixeira said that the firm proposes to invest 'an additional €500 million in renewable energy infrastructure' in the next 24 months.
"Heavy industry is under tremendous pressure to transition to a sustainable and resilient model while navigating regulatory uncertainty and international competition. REGA can help industries transform this massive challenge into a competitive advantage. This successful funding round will enable REGA to finance its first renewable projects and accelerate from there," says Thomas Carrier, REGA Energy Group CEO.
Image credit: Matthew Smith
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