Reganosa Group has reached an agreement with Plenium Partners, manager of the alternative investment vehicle Helia II, FCR, and its partner Bankinter Investment SGEIC, to acquire 99.88% of the share capital of Saltos del Cinca, S.A. The company owns three hydroelectric power plants in Aragón and provides operation and maintenance services in the hydropower sector. The transaction marks Reganosa’s entry into renewable power generation with owned assets.
The portfolio includes the Arias I, Arias II and Ariéstolas plants, which together make up the Saltos del Cinca hydroelectric system, located in the province of Huesca. Altogether, they account for nearly 19 MW of installed capacity, distributed almost evenly across the three facilities, and are supported by an in-house operations and maintenance team.
Through this transaction, Reganosa advances the diversification of its activities, strengthens its positioning in the energy transition and adds renewable assets to its portfolio that are complementary to the projects it is already developing in this field. In addition, the incorporation of hydroelectric generation will allow the group to integrate a competitive renewable energy source into its own energy consumption, improve profitability and expand its technical capabilities and service offering to third parties, both in domestic and international markets.
About Plenium Partners
Founded in 2007 and headquartered in Madrid, Plenium Partners is an investment firm specialised in sustainable energy and infrastructure in Europe. To date, the firm has invested more than €7.5 billion, with a highly diversified portfolio of sustainable infrastructure assets, including district heating networks, biomethane, self-consumption and distributed generation solutions, student housing, waste management and recycling, as well as other infrastructure assets.
About Bankinter Investment
Over the past nine years, Bankinter Investment has successfully launched 31 alternative investment vehicles, with investor commitments exceeding €5.2 billion, which, including project financing, currently represent a portfolio of assets under management of more than €7.4 billion.
The push towards alternative investment vehicles—where Bankinter Investment is a leading player in Spain and Portugal—has already enabled more than 14,700 Spanish and Portuguese investors to co-invest alongside Bankinter Investment and its partners, with the clear objective of promoting long-term financial savings, diversifying into real assets, optimising the risk-return profile and generating lasting value for society. For asset management, Bankinter Investment has consistently followed a model of partnering exclusively with a specialist expert in each investment segment, such as renewable energy, sustainability, student housing, hotels, logistics real estate, infrastructure, technology, retail properties, residential assets and private equity.
About Reganosa
Reganosa is a global energy company headquartered in Spain, focused on improving social welfare and business competitiveness, primarily through energy infrastructure and solutions that are economically, socially and environmentally sustainable. The company is part of a group with a presence in 35 countries and that operates or oversees critical assets for security of supply across all five continents. It is a global benchmark in the management of energy infrastructure; owns and operates Galicia’s liquefied natural gas terminal (in Mugardos, A Coruña); and holds a 25% stake in the Musel E-Hub in Gijón (Asturias). In addition, Reganosa promotes projects in energy storage, renewables, circular economy, green hydrogen, energy efficiency and digitalisation. With this acquisition, which is complementary to all of the above initiatives, the group makes its debut in hydropower generation
Image: Arias I Plant at Saltos del Cinca
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