Amper Group and COFIDES sign agreement for COFIDES to acquire a 25% stake in Elinsa for €41.2 million

Amper and Elinsa have signed an agreement under which COFIDES, through the public Foreign Investment Fund (FIEX) it manages, has invested €41.2 million in Elinsa by subscribing to a cash capital increase, thereby acquiring a 25% stake in the company.

This investment will complement those previously made by Amper and, taken together, will enable:

The construction of a new factory at the Morás industrial estate in Arteixo (A Coruña), which will double current manufacturing capacity for power electronics equipment for energy conversion and storage, most of which will be exported to international markets.

The implementation of an industrial digitalisation programme linked to the new factory, consisting of the deployment of specific technological solutions aimed at improving the integration and traceability of the production process.

Investment in a second plant to complement the capabilities of the new Morás factory in response to the strong global demand expected in the future, given anticipated market trends.

The launch of a technological development programme for the management, integration and assembly of energy storage systems focused on modular and medium-scale solutions (20 kWh–1 MWh).

The strengthening of the industrial and technological assets, as well as the operational capabilities, of Elinsa Brazil, a market where significant business growth and positioning are expected, supported by strategic agreements such as those in place with Grupo Equatorial, one of Brazil’s leading utility groups.

The aforementioned investments carried out by the Amper Group through Elinsa will contribute to strengthening Amper’s position as a leading company in dual-use Energy Management and Storage, with applications in both the civil sector and the Defence and National Security market.

Amper is the only listed Spanish company focused on Defence and National Security that also possesses these Energy Management and Storage capabilities, which are key to ensuring strategic autonomy.