AEG Power Solutions has acquired OpciónDos, a Madrid-based company focused on the integration of PV technologies into a built-in environment. OpciónDos won the Best PV Installation award for the Province of Madrid in 2008 for their La Vaguada solar installation and was also responsible for the Ikea solar project in La Coruña. OpciónDos will be a member of AEG Power Solutions strategic business unit. Eclareon acted as the financial advisor to AEG Power Solutions throughout the acquisition process.
Commenting on the acquisition, Enrique de la Cruz, vice president and general manager of AEG Power Solutions, said: “As we are growing rapidly on the solar market, it’s essential for AEG Power Solutions to also strengthen our team. OpciónDos brings us their know-how in integrating high-end photovoltaic technologies. It’s a skilled team whose addition is really valuable for our business. OpciónDos also opens for us a strategic market segment we had started to develop in the US but not yet in Europe: built-in Photovoltaic solutions. This also creates synergies with our product portfolio of solar inverters and monitoring and supervision systems in high-end industrial and commercial applications.”