Younicos

Younicos

Younicos

TRANSACTION 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