Younicos

SYNOPSIS

• On 4th December 2015, Alexa Capital sourced and executed a $50m equity raise for Younicos AG
• Financing led by Panasonic ($30m) with co-investment from First Solar ($10m), Aeris Capital, Mithril Capital and Grupo Ecos
• Strategic partnership agreements negotiated with Panasonic and First Solar

ALEXA CAPITAL’S ROLE

• Alexa Capital’s structuring advice and relationships delivered growth capital for Younicos
• The transaction demonstrated Alexa Capital’s global reach and expertise in negotiating with parties on multiple continents, working with executives in Japan, the US and Europe to complete this assignment
• A partnership agreement was negotiated with Panasonic for non-exclusive rights to bid on project battery supply
• A channel partnership agreement was negotiated with First Solar for integration of storage with solar PV

WHAT THE TRANSACTION MEANS FOR THE ENERGY SECTOR

• Given its position as an early mover in deployment of grid-scale energy storage and hybrid integration, strategic investment into Younicos demonstrates how critical this expertise is to integrating renewables for a low-carbon energy system
• Younicos will use the proceeds to further scale its deployment of intelligent energy storage solutions, including its integration software
• This was the largest energy technology investment into an independent energy storage provider in 2015